https://www.scmp.com/rss/319767/feed Gu Bin is an associate law professor at Beijing Foreign Studies University and the author of “Chinese Multilateralism in the Asian Infrastructure Investment Bank (AIIB)”. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Gu Bin Gu Bin As the US-China trade war escalates, US President Donald Trump has temporarily exempted imports from other countries from the punitive tariffs he announced on April 2. He is reportedly trying to bully others into limiting their economic ties with China in exchange for a deal. Washington aims to isolate China, but the opposite is happening. Since last year, a consensus has been built that weak domestic demand is the major drag on China’s economic growth. In September, Beijing implemented a... https://www.scmp.com/opinion/china-opinion/article/3308096/how-china-turning-trumps-tariffs-opportunity?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3308096/how-china-turning-trumps-tariffs-opportunity?utm_source=rss_feed Tue, 29 Apr 2025 01:30:08 +0000 With Donald Trump elected again as US president, China is concerned about the self-professed “Tariff Man” and his threats to kill off Chinese imports with big increases in tariffs, which are to be imposed on his first day back in the Oval Office next January. Over the past five years, China’s trade landscape has been marked by the burgeoning of its electric vehicles, lithium-ion batteries and photovoltaic products – dubbed the “new trio” – all technology-intensive exports leading the global... https://www.scmp.com/opinion/china-opinion/article/3288259/world-tariff-threats-china-opts-share-green-tech-dividends?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3288259/world-tariff-threats-china-opts-share-green-tech-dividends?utm_source=rss_feed Sun, 01 Dec 2024 01:30:07 +0000 The China-led Asian Infrastructure Investment Bank (AIIB) recently suffered a reputational crisis – its first since its founding in 2015 – sparked by the resignation of its global communications chief Bob Pickard on June 12. Pickard cited the development bank’s “toxic culture” and the influence of Communist Party members as reasons for his departure. Canada, his home country and an AIIB member, announced it would “immediately halt all government-led activity at the bank” and investigate his... https://www.scmp.com/comment/opinion/article/3227227/three-lessons-aiib-learned-after-pickards-storm-teacup?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3227227/three-lessons-aiib-learned-after-pickards-storm-teacup?utm_source=rss_feed Sat, 15 Jul 2023 17:00:27 +0000 When there was “taxation without representation”, there was a revolution. That is the story of the American Revolution in the 18th century. Today, in international relations, there is similar dismay over “contribution without representation” among China and other emerging economies: they have long represented the bulk of global economic growth, but lack a comparable position in global governance. Luckily, such a disparity is bringing evolution, rather than revolution. The reforms of global... https://www.scmp.com/comment/opinion/article/3219933/china-pushing-better-more-representative-form-multilateralism-not-seeking-replace-it?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3219933/china-pushing-better-more-representative-form-multilateralism-not-seeking-replace-it?utm_source=rss_feed Wed, 10 May 2023 07:30:11 +0000 Amid the war in Ukraine launched by Russia, the United States is launching an invisible war against multilateralism within major international economic organisations, forcing them to take political sides. Its actions put the international character of those organisations at risk, trampling their charters and the international rule of law. At the International Monetary Fund, the US, Britain and Canada moved to suspend the ceremonial role of dean, held by Russian representative Aleksei Mozhin.... https://www.scmp.com/comment/opinion/article/3171877/multilateralism-under-fire-us-pushes-world-bodies-take-sides?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3171877/multilateralism-under-fire-us-pushes-world-bodies-take-sides?utm_source=rss_feed Sun, 27 Mar 2022 17:30:14 +0000 The relationship between China and the United States has hit dangerous turbulence since trade talks ended without agreement last month. Ahead of the upcoming G20 Osaka summit, where both countries’ leaders are expected to meet, it is now critical to clear up misconceptions about China that are so popular in the US that they threaten to undermine this precious opportunity for both sides to get back to the negotiating table. The first misconception that needs to be changed – and properly... https://www.scmp.com/comment/opinion/article/3014366/five-myths-about-china-must-be-debunked-trade-war-us-can-end?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3014366/five-myths-about-china-must-be-debunked-trade-war-us-can-end?utm_source=rss_feed Fri, 14 Jun 2019 17:00:07 +0000 It was strategically wrong for the US administration under Barack Obama to resist the China-led Asian Infrastructure Investment Bank. It is now time for President Donald Trump to correct the mistake. Trump has made infrastructure renovation the central theme in his plan to “make America great again”. However, the challenge is funding, with investment of up to US$1 trillion needed over a 10-year period. The government already has US$20 trillion of debt. At 106 per cent of GDP, this far exceeds... https://www.scmp.com/comment/insight-opinion/article/2083049/trump-needs-aiib-get-his-american-dream-road?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2083049/trump-needs-aiib-get-his-american-dream-road?utm_source=rss_feed Wed, 29 Mar 2017 03:33:39 +0000 The Asian Infrastructure Investment Bank is the first multilateral development bank with regional characteristics. Initiated and led by China, it signals Beijing's readiness to act as a responsible stakeholder in the international community. Since the end of the second world war, the US-led Bretton Woods institutions have dominated the international economic world. The system has largely become bureaucratic, inefficient and has disappointed the developing world by failing to meet its commitment... https://www.scmp.com/comment/insight-opinion/article/1831641/china-led-asian-infrastructure-investment-bank-echoes-worlds?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1831641/china-led-asian-infrastructure-investment-bank-echoes-worlds?utm_source=rss_feed Thu, 02 Jul 2015 04:45:30 +0000