What does 2021 hold for Asia, US-China relations, Hong Kong, and Australia’s trade with China?

[ad_1]


KISHORE MAHBUBANI

Distinguished Fellow at the Asia Research Institute, National University of Singapore, and author of the book Has China Won?

Here’s a dream scenario for 2021. Joe Biden stuns the world by announcing a total suspension of the trade war with China, with a reciprocal rollback of all tariffs. The markets jump with exhilaration. China, which now has the world’s largest retail goods market (US$6 trillion, compared with US$5.5 trillion for the US), “arranges” an import surge from…

[ad_2]

Source link