Chinese President Xi Jinping (centre) and other world leaders attend the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing, on April 26. Photo: Xinhua
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Cool and calculating China is trying to build up global trade even as things fall apart around the world

  • Against Trump’s trade-destroying tactics and a splintering EU, China’s efforts to forge trade pacts and build infrastructure links are constructive, rational and the best chance of surviving a new cold war

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Chinese President Xi Jinping (centre) and other world leaders attend the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing, on April 26. Photo: Xinhua
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US Commerce Secretary Wilbur Ross arrives at a state dinner at the Great Hall of the People in Beijing on November 9, 2017. Photo: Reuters
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

A ‘phase one’ US-China trade deal will do little to bolster confidence shattered by deglobalisation

  • US Commerce Secretary Wilbur Ross recently suggested that an initial trade deal will go a long way towards resolving global uncertainty. To the contrary, it will take much more to reverse the effects of deglobalisation accelerated by the Trump administration

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US Commerce Secretary Wilbur Ross arrives at a state dinner at the Great Hall of the People in Beijing on November 9, 2017. Photo: Reuters
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