By trying to take on China alone on trade, the US failed to achieve real results in its first trade deal, says trade-veteran Harry Broadman to Bloomberg. China did not adhere to the multilateral trade deal it closed by joining the WTO, but Donald Trump failed to address the issues related to that.

President Xi Jinping decided to stay away from the signing ceremony, and that was an ominous sign, writes political analyst Shirley Ze Yu in the South China Morning Post. China will stick to the trade deal, as long as the country’s economic stability is not under threat, she argues.

China is profiling itself as a stabilizing actor on in world politics, after the US killing of Iranian Major General Qassem Soleimani, says political analyst Victor Shih at the South China Morning Post. However, China’s presentation of itself as respectful of the sovereignty of other nations does not square with numerous examples of China looking to use its economic sway to influence other nations’ diplomacy or politics, Shih said.

China tech expert Kaiser Kuo discusses why China tech rise is unsettling the US. He calls back two narratives that did not work out as expected: tech did not liberate us, and did not lead to more political freedom, but rather the opposite.

Analysts watched the ‘announcement’ of a first trade deal between China and the US with amazement. Former US trade negotiator Harry Broadman points out that typically you wait till you have something in writing, in both languages, to avoid hiccups before the signing, he explains to Reuters.

After a first symbolic truce, the world should brace for the next phase in the trade war between China and the US, warns leading economist Arthur Kroeber, according to Barron’s. China has stalled its economic reforms and mechanisms to contain the US power fail, and the technology war is likely to resume, he stresses.

While a signing ceremony seems likely for January, some of the arrangements in the phase one trade deal between China and the US sound impossible to achieve, says economist Arthur Kroeber at Money Week. It “still has some hoops to pass through”, he says.

Financial analyst Sara Hsu compares on her weblog China and the US in trying to see if they are using different methods for getting a competitive advantage. Both do spy on each other and third countries, and China uses the One Belt, One Road (BRI) program to expand its power.Read More →