Foreign policy under US President Donald Trump and Chinese President Xi Jinping are not so different; despite their seemingly diametrically opposed strategies, the whiff of money pervades. Photo: AP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Whether it is the US stick or the Chinese carrot, foreign policy boils down to the use of money, not the military

  • China dangles carrots by offering belt and road investments, and its vast market and trade, while the US wields the stick of sanctions and threats to withdraw financial support. But both rely on the common influence of money to persuade others

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Foreign policy under US President Donald Trump and Chinese President Xi Jinping are not so different; despite their seemingly diametrically opposed strategies, the whiff of money pervades. Photo: AP
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