https://www.scmp.com/rss/328973/feed George Magnus is a research associate at the China Centre at Oxford University and author of Red Flags: Why Xi’s China is in Jeopardy. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com For more than three decades, the global economy was defined by unbridled integration and unprecedented interdependence. Neither political spats nor localised wars could slow the globalisation train. Markets were markets, business was business, and multinational firms became more multinational. Not any more. In this new era of strategic competition between China and the West, disengagement is the order of the day. While this trend will impede economic growth, increase business costs (via... https://www.scmp.com/comment/opinion/article/3183455/why-china-has-more-lose-decoupling-us?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3183455/why-china-has-more-lose-decoupling-us?utm_source=rss_feed Wed, 29 Jun 2022 05:31:31 +0000 Earlier this month, as Russian forces shelled Ukrainian cities and Covid-19 infections soared, China’s leaders gathered for their most important annual political meetings: the National People’s Congress and Chinese People’s Political Consultative Conference. While the weighty documents and lengthy speeches hardly mentioned the pandemic, and did not mention Russia’s war at all, China – and its already troubled economy – is undoubtedly being rocked by both. For much of the past year, Beijing’s... https://www.scmp.com/comment/opinion/article/3171369/where-does-war-ukraine-and-troubled-economy-leave-chinas-common?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3171369/where-does-war-ukraine-and-troubled-economy-leave-chinas-common?utm_source=rss_feed Tue, 22 Mar 2022 17:30:14 +0000 US President Donald Trump’s stance on trade may be the most protectionist since the 1930s but in one respect, at least, it strikes a chord both within the Washington Beltway and in the wider world. It recognises that China is no longer just a major customer and formidable competitor but also an important adversary.  Back in the 1970s, US political scientist Edward Luttwak described the then economic threat posed to the United States by the likes of Germany and Japan as the “logic of conflict in... https://www.scmp.com/comment/insight-opinion/united-states/article/2168600/first-tariffs-and-now-move-isolate-china?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/united-states/article/2168600/first-tariffs-and-now-move-isolate-china?utm_source=rss_feed Mon, 15 Oct 2018 19:04:25 +0000