Many are looking at the US-Japan trade war in the 1980s for historical guidance as to what will happen and indeed, the parallels are great. Photo: Bloomberg

Japan ‘rooting for Donald Trump’ in China trade war, but urges US not to ‘monopolise’ any benefits

  • Tamaki Tsukada, deputy director general for economic affairs within Japan’s foreign ministry, is keeping a close eye on any deal with President Xi Jinping
  • Chinese economists and officials are studying the history of Japan’s own trade war with the US in the 1980s for guidance on the current situation
Topic |   US-China trade war

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Many are looking at the US-Japan trade war in the 1980s for historical guidance as to what will happen and indeed, the parallels are great. Photo: Bloomberg
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US trade representative Robert Lighthizer and Vice-Premier Liu He. Photo: AP

US demands level playing field in China, but can Beijing rein in state subsidies to end trade war?

  • United States trade representative Robert Lighthizer has been a long-term critic of advantages given to domestic companies that make it difficult for foreign firms
  • China has long been accused of favouring domestic companies, resulting in an unfair competitive advantage at home and abroad
Topic |   China economy

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US trade representative Robert Lighthizer and Vice-Premier Liu He. Photo: AP
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