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US-China trade war update

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Get the latest in the ongoing US-China trade war from the editorial team with deep contacts on both sides. Each week political economy journalist Finbarr Bermingham wraps the latest developments in tariffs, diplomacy and economy from reporters and editors at the South China Morning Post in Hong Kong.

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3 Apr 2020

What are the politics behind Xi Jinping's Zhejiang visit? What does Donald Trump need in November for his election victory? Hear about the crucial economic movements influencing the US and China's response to the pandemic. Political economy editors Zhou Xin and John Carter look at the data and the detail of China's economy. Our guest is Frank Lavin, a veteran diplomat and former White House official, talking about China's global leadership role and how the US economy is changing with the coronavirus pandemic.

What are the politics behind Xi Jinping's Zhejiang visit? What does Donald Trump need in November for his election victory? Hear about the crucial economic movements influencing the US and China's response to the pandemic. Political economy editors Zhou Xin and John Carter look at the data and the detail of China's economy. Our guest is Frank Lavin, a veteran diplomat and former White House official, talking about China's global leadership role and how the US economy is changing with the coronavirus pandemic.

28:43

27 Mar 2020

In a week when the economic impact of coronavirus on the global economy was made clear, political economy editors John Carter and Zhou Xin join Finbarr Bermingham to discuss China's "wolf warrior" diplomats, the second wave demand shock to hit China's economy and why, when the rest of the world is firing financial bazookas, China is keeping its powder dry.Trade expert and SCMP columnist David Dodwell then gets his crystal ball out to try and envisage the post-coronavirus global supply chain. What will the world of trade look like after Covid-19?

In a week when the economic impact of coronavirus on the global economy was made clear, political economy editors John Carter and Zhou Xin join Finbarr Bermingham to discuss China's "wolf warrior" diplomats, the second wave demand shock to hit China's economy and why, when the rest of the world is firing financial bazookas, China is keeping its powder dry.Trade expert and SCMP columnist David Dodwell then gets his crystal ball out to try and envisage the post-coronavirus global supply chain. What will the world of trade look like after Covid-19?

31:29

20 Mar 2020

As the crisis escalates through the global economy, a new issue threatens to make things worse: the US and China trading insults over whose fault it is. Political economy editor John Carter analyses the latest industry and economic news, its comparison to the Global Financial Crisis and why the world desperately needs the US and China to work together. Natixis chief economist for the Asia Pacific region, Alicia Garrero-Herrero unpacks the deals and data of this topsy-turvy week and delivers a withering analysis of how geo-political point scoring is a global threat second only to to coronavirus itself.

As the crisis escalates through the global economy, a new issue threatens to make things worse: the US and China trading insults over whose fault it is. Political economy editor John Carter analyses the latest industry and economic news, its comparison to the Global Financial Crisis and why the world desperately needs the US and China to work together. Natixis chief economist for the Asia Pacific region, Alicia Garrero-Herrero unpacks the deals and data of this topsy-turvy week and delivers a withering analysis of how geo-political point scoring is a global threat second only to to coronavirus itself.

35:34

13 Mar 2020

Finbarr Bermingham speaks with Zhou Xin and John Carter about the impact of coronavirus on US demand for Chinese goods and how that will affect China's economy. They also discuss the virus' blame game, as figures in both the US and China try to scapegoat the other for the pandemic, and the psychological importance of the returning Canton Fair. Su-Lin Tan joins Finbarr to discuss what China's massive increase in mask production means for global supply chains and whether it could be indicative of a new geopolitical flashpoint.

Finbarr Bermingham speaks with Zhou Xin and John Carter about the impact of coronavirus on US demand for Chinese goods and how that will affect China's economy. They also discuss the virus' blame game, as figures in both the US and China try to scapegoat the other for the pandemic, and the psychological importance of the returning Canton Fair. Su-Lin Tan joins Finbarr to discuss what China's massive increase in mask production means for global supply chains and whether it could be indicative of a new geopolitical flashpoint.

19:43

6 Mar 2020

The coronavirus continues to wreak havoc on China's economy. Political economy editors John Carter and Zhou Xin analyse the numbers and the damage done to the Chinese economy. Simone McCarthy on how the drug supply chain is being hit by the virus, as well as the suggestion that China could weaponise medicine supplies as part of its trade negotiations with the US. Former US Consul General of Shanghai, Kenneth Jarrett, joins on the line to discuss whether the coronavirus will hit China's chances of keeping up the trade deal, and whether it will drive more American supply chains out of the mainland.

The coronavirus continues to wreak havoc on China's economy. Political economy editors John Carter and Zhou Xin analyse the numbers and the damage done to the Chinese economy. Simone McCarthy on how the drug supply chain is being hit by the virus, as well as the suggestion that China could weaponise medicine supplies as part of its trade negotiations with the US. Former US Consul General of Shanghai, Kenneth Jarrett, joins on the line to discuss whether the coronavirus will hit China's chances of keeping up the trade deal, and whether it will drive more American supply chains out of the mainland.

31:01

28 Feb 2020

Finbarr Bermingham talks to political economy editors Zhou Xin and John Carter about China's challenges in getting back to work, including the ongoing labour shortage, and a burgeoning agricultural crisis; Natixis senior economist Trinh Nguyen (of @trinhnomics fame) on how the labour shortage is killing Chinese manufacturing as big companies splash the cash, and how companies fleeing the trade war to Vietnam are learning there is no such thing as a clean break from China. 

Finbarr Bermingham talks to political economy editors Zhou Xin and John Carter about China's challenges in getting back to work, including the ongoing labour shortage, and a burgeoning agricultural crisis; Natixis senior economist Trinh Nguyen (of @trinhnomics fame) on how the labour shortage is killing Chinese manufacturing as big companies splash the cash, and how companies fleeing the trade war to Vietnam are learning there is no such thing as a clean break from China. 

23:18

21 Feb 2020

Finbarr Bermingham and the SCMP team unpack how the US and Europe are responding to the disruption to China's economy as a result of the coronavirus. Political economy desk editor Zhou Xin analyses the ongoing impact on the Chinese economy and the possibility of Beijing invoking the force majeure clause on the US-China trade deal; Washington bureau chief Rob Delaney details the US Senators hoping to further push their agenda for economic decoupling amidst the background of criticism of Huawei; Beijing-based diplomacy correspondent Wendy Wu reveals European businesses are considering moving out of China as the crisis continues. 

Finbarr Bermingham and the SCMP team unpack how the US and Europe are responding to the disruption to China's economy as a result of the coronavirus. Political economy desk editor Zhou Xin analyses the ongoing impact on the Chinese economy and the possibility of Beijing invoking the force majeure clause on the US-China trade deal; Washington bureau chief Rob Delaney details the US Senators hoping to further push their agenda for economic decoupling amidst the background of criticism of Huawei; Beijing-based diplomacy correspondent Wendy Wu reveals European businesses are considering moving out of China as the crisis continues. 

26:04

7 Feb 2020

Finbarr Bermingham talks to political economy editor Zhou Xin about how China is coping with its obligations to the phase one trade deal with the US as it battles the ongoing coronavirus epidemic. Renaud Anjoran, CEO of China manufacturing consultancy Sofeast Ltd analyses the crisis of staffing in China's manufacturing plants and the shockwaves being witnessed in global trade.  

Finbarr Bermingham talks to political economy editor Zhou Xin about how China is coping with its obligations to the phase one trade deal with the US as it battles the ongoing coronavirus epidemic. Renaud Anjoran, CEO of China manufacturing consultancy Sofeast Ltd analyses the crisis of staffing in China's manufacturing plants and the shockwaves being witnessed in global trade.  

25:37

31 Jan 2020

It's a crucial moment for China's economy and trade, nevermind the phase one deal signed with the US. As it faces up to its role at the epicentre of a global health emergency, Beijing is also facing up to an impending political disaster if GDP drops below 5 per cent. Finbarr Bermingham analyses the impact of the coronavirus on global trade and the implications for China's economy with Nick Marro, global trade lead, Economist Intelligence Unit and Zhou Xin, political economy desk editor, South China Morning Post.

It's a crucial moment for China's economy and trade, nevermind the phase one deal signed with the US. As it faces up to its role at the epicentre of a global health emergency, Beijing is also facing up to an impending political disaster if GDP drops below 5 per cent. Finbarr Bermingham analyses the impact of the coronavirus on global trade and the implications for China's economy with Nick Marro, global trade lead, Economist Intelligence Unit and Zhou Xin, political economy desk editor, South China Morning Post.

25:33

24 Jan 2020

 A week after China signed a phase one trade deal that seemed like a reprieve for its slowing economy, the country finds itself in a new and altogether more unpredictable crisis. Political Economy and China desk editors and reporters Zhou Xin, Teddy Ng, Mimi Lau and Kinling Lo bring us insights on the biggest story in the world, on the eve of the Lunar New Year Holiday during which 3 billion journeys will be made in China. We’ll also hear from National University of Singapore professor Alex Capri about another threat that will, in his view, outlive any tariff battle: the US-China tech war.

 A week after China signed a phase one trade deal that seemed like a reprieve for its slowing economy, the country finds itself in a new and altogether more unpredictable crisis. Political Economy and China desk editors and reporters Zhou Xin, Teddy Ng, Mimi Lau and Kinling Lo bring us insights on the biggest story in the world, on the eve of the Lunar New Year Holiday during which 3 billion journeys will be made in China. We’ll also hear from National University of Singapore professor Alex Capri about another threat that will, in his view, outlive any tariff battle: the US-China tech war.

28:22

17 Jan 2020

Senior editors Zhou Xin and Robert Delaney parse the reality of phase one and public reaction in US and China; international trade lawyer Ben Kostrzewa from Hong Kong-based law firm Hogan Lovells discusses the immediate impact of the deal; reporter Sidney Leng unpacks the double shock announcements of China's GDP and its falling birth rates.  

Senior editors Zhou Xin and Robert Delaney parse the reality of phase one and public reaction in US and China; international trade lawyer Ben Kostrzewa from Hong Kong-based law firm Hogan Lovells discusses the immediate impact of the deal; reporter Sidney Leng unpacks the double shock announcements of China's GDP and its falling birth rates.  

33:24

10 Jan 2020

Washington bureau chief Robert Delaney and political economy editor Zhou Xin analyse the context of next week's planned signing of the phase one trade deal; how China avoids being drawn into Trump's brand of reality-TV politics; the US Senators aiming to scale up their anti-China legislation after the phase one trade deal is signed; the grim reality of a 'phase two' trade deal and Cissy Zhou reports from Taiwan on how the elections are being influenced by the US-China trade war.

Washington bureau chief Robert Delaney and political economy editor Zhou Xin analyse the context of next week's planned signing of the phase one trade deal; how China avoids being drawn into Trump's brand of reality-TV politics; the US Senators aiming to scale up their anti-China legislation after the phase one trade deal is signed; the grim reality of a 'phase two' trade deal and Cissy Zhou reports from Taiwan on how the elections are being influenced by the US-China trade war.

24:03

20 Dec 2019

In this last podcast of the year, we've got some very special guests to analyse the details we've been given on the US-China trade war deal, announced last week. International trade lawyer Sally Peng lays out the legal steps, economist Alicia Garcia Herrero frisks the numbers, while SCMP political economy editor Zhou Xin tells us what his sources have been telling him from Beijing.

In this last podcast of the year, we've got some very special guests to analyse the details we've been given on the US-China trade war deal, announced last week. International trade lawyer Sally Peng lays out the legal steps, economist Alicia Garcia Herrero frisks the numbers, while SCMP political economy editor Zhou Xin tells us what his sources have been telling him from Beijing.

23:13

14 Dec 2019

A phase one trade deal is announced, but no details are revealed. What does it really mean? Why does China want to keep the details secret? The political economy team are joined by China desk deputy editor Teddy Ng to unpack what happens next. Meanwhile, the talk in China is not about trade: it's about the ongoing farming crisis sparked by the outbreak of African swine flu. Intrepid reporter Cissy Zhou reports in on an escalating economic and social crisis.

A phase one trade deal is announced, but no details are revealed. What does it really mean? Why does China want to keep the details secret? The political economy team are joined by China desk deputy editor Teddy Ng to unpack what happens next. Meanwhile, the talk in China is not about trade: it's about the ongoing farming crisis sparked by the outbreak of African swine flu. Intrepid reporter Cissy Zhou reports in on an escalating economic and social crisis.

27:56

6 Dec 2019

This week special guest Adam Behsudi from Politico talks about the end of the appellate court for the WTO, while Finbarr Bermingham and John Carter go beyond Trump's weekly flip-flops to discuss the real news about US-China trade and how increasing US economic sanctions regarding Xinjiang indicate a much bigger trend towards de-coupling. China reporter Kinling Lo unpacks the sentiment in Beijing concerning US intervention over Hong Kong's protests, and how it's being used for political gain.

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This week special guest Adam Behsudi from Politico talks about the end of the appellate court for the WTO, while Finbarr Bermingham and John Carter go beyond Trump's weekly flip-flops to discuss the real news about US-China trade and how increasing US economic sanctions regarding Xinjiang indicate a much bigger trend towards de-coupling. China reporter Kinling Lo unpacks the sentiment in Beijing concerning US intervention over Hong Kong's protests, and how it's being used for political gain.

Read more collaborations between the SCMP and Politico: 
Take our podcast survey: 

30:51

29 Nov 2019

Finbarr Bermingham and John Carter from the SCMP political economy team peel back the reality of Trump signing the Hong Kong Human Rights and Democracy Act into law, chew over a heavy rumour about a January meeting for Xi and Trump, and there's a major announcement from China - it's pivoting from the US to Europe. SCMP correspondent for the European Union, Stuart Lau calls in with an update on what complications lie ahead for that relationship.

Finbarr Bermingham and John Carter from the SCMP political economy team peel back the reality of Trump signing the Hong Kong Human Rights and Democracy Act into law, chew over a heavy rumour about a January meeting for Xi and Trump, and there's a major announcement from China - it's pivoting from the US to Europe. SCMP correspondent for the European Union, Stuart Lau calls in with an update on what complications lie ahead for that relationship.

21:05

22 Nov 2019

The US Congress passes its Hong Kong Human Rights and Democracy Act, and the world waits for President Donald Trump to sign it. What does it mean? What are political insiders saying in Washington and Beijing? Hear Finbarr Bermingham unpack it all with political economy editor John Carter, Washington correspondent Owen Churchill and Beijing-based diplomacy correspondent Wendy Wu.

The US Congress passes its Hong Kong Human Rights and Democracy Act, and the world waits for President Donald Trump to sign it. What does it mean? What are political insiders saying in Washington and Beijing? Hear Finbarr Bermingham unpack it all with political economy editor John Carter, Washington correspondent Owen Churchill and Beijing-based diplomacy correspondent Wendy Wu.

25:20

15 Nov 2019

A US$50 billion deal for China to buy American chicken was announced this week, but the big news is how the situation in Hong Kong is now part of trade deal negotiations. Cissy Zhou analyses talk of unpegging the Hong Kong currency from the US dollar, while US correspondent Owen Churchill looks at how Hong Kong's ongoing unrest is affecting Washington's approach to China.  

A US$50 billion deal for China to buy American chicken was announced this week, but the big news is how the situation in Hong Kong is now part of trade deal negotiations. Cissy Zhou analyses talk of unpegging the Hong Kong currency from the US dollar, while US correspondent Owen Churchill looks at how Hong Kong's ongoing unrest is affecting Washington's approach to China.  

33:28

8 Nov 2019

Questions about a Xi-Trump meeting were buried by news of a 'phased tariff withdrawal' – but what does that mean? We've also got two interviews with veteran negotiators for the US and China: reporter Yujing Liu calls in from Shenzhen after her interview with former Chinese trade envoy Long Yongtu. He tells us why he loves dealing with Trump, and hopes for a Trump 2020 victory. We also speak to Professor Larry Summers, a senior economist and veteran of the Clinton and Obama administrations, who reveals a few frank admissions on US trade policy.

Questions about a Xi-Trump meeting were buried by news of a 'phased tariff withdrawal' – but what does that mean? We've also got two interviews with veteran negotiators for the US and China: reporter Yujing Liu calls in from Shenzhen after her interview with former Chinese trade envoy Long Yongtu. He tells us why he loves dealing with Trump, and hopes for a Trump 2020 victory. We also speak to Professor Larry Summers, a senior economist and veteran of the Clinton and Obama administrations, who reveals a few frank admissions on US trade policy.

30:38

1 Nov 2019

This week’s podcast comes out at Halloween and may feature one or two shockingly dreadful puns. But these are moments of levity amid some serious news for the resolution of the trade war, with protest-hit Chile announcing a cancellation of the APEC summit, in which Donald Trump and Xi Jinping were to meet and sign off on ‘phase one’ of a trade deal.

Zhou Xin unpacks what his sources in Beijing are saying about the surprise cancellation of the summit, the speculation about Macau being a potential new location, and this week's Fourth Plenum planning meeting for China's Communist Party in Beijing.

John Carter parses the latest economic data, analysing the new outlook for China's manufacturers. The purchasing managers' index has fallen for six months in a row showing the full impact of 16 months of tariffs.

Rob Delaney reports on the vibe he's picking up from the Washington policy making and business communities, as it looks as if a 'phase one' deal between the US and China is growing close.

Have American manufacturers simply moved on? Are they still interested in trying to do business in China? There's another factor increasingly fuelling the sentiment of US attitudes towards China, too: the coming election season.

This week’s podcast comes out at Halloween and may feature one or two shockingly dreadful puns. But these are moments of levity amid some serious news for the resolution of the trade war, with protest-hit Chile announcing a cancellation of the APEC summit, in which Donald Trump and Xi Jinping were to meet and sign off on ‘phase one’ of a trade deal.

Zhou Xin unpacks what his sources in Beijing are saying about the surprise cancellation of the summit, the speculation about Macau being a potential new location, and this week's Fourth Plenum planning meeting for China's Communist Party in Beijing.

John Carter parses the latest economic data, analysing the new outlook for China's manufacturers. The purchasing managers' index has fallen for six months in a row showing the full impact of 16 months of tariffs.

Rob Delaney reports on the vibe he's picking up from the Washington policy making and business communities, as it looks as if a 'phase one' deal between the US and China is growing close.

Have American manufacturers simply moved on? Are they still interested in trying to do business in China? There's another factor increasingly fuelling the sentiment of US attitudes towards China, too: the coming election season.

30:38

18 Oct 2019

US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.

US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.

21:00

11 Oct 2019

We unpack a turbulent week in US-China relations, as trade negotiations commence, with the threat of increased tariffs on the horizon and a list of US companies China might retaliate against if a deal is not reached.

We unpack a turbulent week in US-China relations, as trade negotiations commence, with the threat of increased tariffs on the horizon and a list of US companies China might retaliate against if a deal is not reached.

17:11

4 Oct 2019

Author Matt Sheehan talks about how the trade war is part of a much deeper change in US-China relations, while field reporter He Huifeng reveals the Chinese industrial park on the Vietnamese border is suffering from the exodus of companies from China. (Image courtesy Harry Harrison)

Author Matt Sheehan talks about how the trade war is part of a much deeper change in US-China relations, while field reporter He Huifeng reveals the Chinese industrial park on the Vietnamese border is suffering from the exodus of companies from China. (Image courtesy Harry Harrison)

23:06

27 Sep 2019

Analysing the politics of Chinese officials visiting farms in Montana and Nebraska, and Trump’s attack on China at the UN General Assembly

Analysing the politics of Chinese officials visiting farms in Montana and Nebraska, and Trump’s attack on China at the UN General Assembly

19:08

20 Sep 2019

What it’s means for Beijing’s advance negotiator to visit US farms and analysing comments about a ‘Cold War’ and its ‘consequences’ from Trump’s ‘China expert’ during his visit to Hong Kong for the American Chamber of Commerce.

What it’s means for Beijing’s advance negotiator to visit US farms and analysing comments about a ‘Cold War’ and its ‘consequences’ from Trump’s ‘China expert’ during his visit to Hong Kong for the American Chamber of Commerce.

23:50

13 Sep 2019

Analysing Trump's tariff surprise and the importance of October 1 for China; how China's food security concerns are influencing its approach to trade war talks and a tale of two Chinese factories being hit hard by tariffs.

Analysing Trump's tariff surprise and the importance of October 1 for China; how China's food security concerns are influencing its approach to trade war talks and a tale of two Chinese factories being hit hard by tariffs.

22:53

6 Sep 2019

Analysing Xi Jinping’s recent ‘struggle’ speech and the announcement of trade negotiations between the US and China to commence two days later; how the combination of African swine fever and tariffs on US imports are creating a sense of crisis for the world’s largest consumer of pork

Analysing Xi Jinping’s recent ‘struggle’ speech and the announcement of trade negotiations between the US and China to commence two days later; how the combination of African swine fever and tariffs on US imports are creating a sense of crisis for the world’s largest consumer of pork

22:20

30 Aug 2019

Analysing how Beijing will respond to Trump labelling Xi Jinping an ‘enemy’, and studying what announcements China will make in the next week

Analysing how Beijing will respond to Trump labelling Xi Jinping an ‘enemy’, and studying what announcements China will make in the next week

27:41