Cary Huang
Cary Huang
Opinion

SCMP Columnist

Sino File by Cary Huang

US-China trade war: who wanted a deal the most? Just look at the concessions made by both sides

  • Washington offered one concession – deferring the October 15 tariff hikes – while Beijing backed down on US farm purchases, IP and tech transfers, financial market liberalisation, exchange-rate reform and an enforcement mechanism

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China’s “national champions” like Huawei receive state support in their efforts to dominate key sectors, both domestically and abroad. In Huawei’s case, this has made them a target. Photo: Reuters
John Lee Cheong Seong
Opinion

Opinion

The View by John Lee Cheong Seong

Trade deal aside, Sino-US rivalry is far from over: China’s Communist Party-driven economy is incompatible with the global order

  • The World Trade Organisation has never before dealt with an economy like China’s, where the party picks winners and compels firms to toe the line
  • Increasingly, when called on to punish foreign entities, Chinese firms have little choice but to show their loyalty, the NBA row just the latest example

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China’s “national champions” like Huawei receive state support in their efforts to dominate key sectors, both domestically and abroad. In Huawei’s case, this has made them a target. Photo: Reuters
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