Chinese toymaker Pop Mart’s store in a shopping centre in Beijing. Global demand for Chinese toys and other consumer goods has surged in recent months, driving China’s trade surplus to record levels. Photo: EPA-EFE
Chinese toymaker Pop Mart’s store in a shopping centre in Beijing. Global demand for Chinese toys and other consumer goods has surged in recent months, driving China’s trade surplus to record levels. Photo: EPA-EFE
David Brown
Opinion

Opinion

Macroscope by David Brown

US-China relations: make peace, not trade war, to ensure mutually beneficial growth

  • China’s export performance is accelerating in spite of strong headwinds, putting it at odds with its biggest trading partners, especially the US
  • If the US and China are to defuse trade tensions, compromise and concessions are needed on both sides to help stabilise global trade imbalances in the long run