Commentary: The whole world risks losing from the US-China rivalry

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But as the US reaches the parameters of its security-based politics, China’s industry and investment-based technique is even running into problems.

Many developing nations are uneasy about President Xi Jinping’s efforts to resurrect China’s domestic market by reviving its import boom, which they fear are destroying their home industries. China recently imposed tariffs on Chinese goods in Mexico, Brazil, India, and Chile, which is described by artist James Crabtree as” a big strategic issue for China, as laws designed to restore its domestic market threaten to undermine its relations with the Global South.”

It is true that British support for Israel has caused harm to the US in the world west, especially in Muslim nations. China’s support for Russia has caused a significant social damage in Europe.

UPSIDES AND DOWNSIDES TO US-CHINA RIVALRY

As far as many second states are concerned, the US and China are competing against one another. In a manic program, countries like Saudi Arabia, South Africa, the Philippines, and Brazil believe they have more freedom to violate either Washington or Beijing.

There are still a lot of drawbacks to the growing conflict between the US and China, even among those who are not aligned.

Protectionism and the world economy’s fracturing will eventually harm economic development for all. A fresh arms race is a waste of resources and raises the possibility of a fatal battle.

And the conflict between China and the US even makes it less likely that the two nations will work together to address the global issues that threaten everyone, such as unrestricted global warming and unregulated artificial intelligence.

The pleasure of a new cold war may become greatly exaggerated.

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Commentary: Can the US and China avoid a catastrophic clash?

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THE BEST CHINA, US CAN DO AT THIS Day

Sullivan’s trip notwithstanding, US-China relations at an institutional level wo n’t improve dramatically. The causes for this have less to do with personal characteristics ( US foreign policy experts have a routine of obsessing over Xi’s personal traits ) and more to do with great politics.

In terms of their respective positions in the world, the United States and China perhaps be bound for an essentially conflicting partnership for the next few years.

China ( as all aspiring superpowers do ) is determined to increase its wealth and military might in order to gain more power in the international system, while the United States tries to maintain its dominance wherever possible. The latter will certainly rub elbows with the former, creating a kind of diplomatic tension that is difficult to resolve.

Even the most enthusiastic observer finds the long-term path of relations ominous when combined with entirely different governing ideologies and a tendency by US politicians to goad China for home political reasons.

Hence, it is likely that the United States and China are relegated to resolving differences among themselves with the intention of reducing the existing pressure. Although these nuts-and-bolts interactions wo n’t put diplomats and leaders in the history books, they are the best things Beijing and Washington can do right now.

A key component of this tension-reduction approach is face-to-face speech that is long-lasting, tough, and lingers for the long term regardless of who happens to be sitting in the Oval Office. To its credit, the Biden administration understood this from the outset, even if its actions- the violent reaction to” Balloongate” in first 2023 being the most legendary- can aggravate the pretty dialogue it hopes to keep.

Sullivan and Wang’s conversation last week was only the most recent in a line of markets that date back to May 2023, when the two came together to set up a political channel to deal with problems as they arise.

Meetings like these will continue to be viewed by China hawks as being futile at best and moderate peace at worst. When the only product is more meetings, they might ask what the point is of interesting meetings? But there’s another problem that all too often gets sidestepped: Is a form of political isolation a viable option?

Daniel R. DePetris writes for Defense Priorities and for different publications as a foreign affairs correspondent. This commentary&nbsp, second appeared&nbsp, on Lowy Institute’s website, The Interpreter.

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Commentary: To boost investor enthusiasm for China, start with Hong Kong tycoons

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CHINA SHOULD REIGNIT ENTHUSIASM IN BUSINESS Officials

Predictably, as the island’s economy has risen, Hong Kong’s necessity has waned. The fact that some of those business leaders have become dangerously hostile over the past ten years has made the situation worse, partially as a result of the social fighting in Hong Kong and the change in ideology on the mainland. That those tycoons no longer have access to Beijing’s management is of no help either.

For instance, Li, the city’s most prominent tycoon and once lauded as a” superman” &nbsp, in China for his vision and acumen, faced withering attacks &nbsp, from the mainland’s social media platforms, particularly during the violent protests engulfing the city in 2019.

As Hong Kong struggles to recover from the three years of COVID- 19 restrictions and navigate an exceedingly tombstone geopolitical environment, Ronnie Chan Chi- chung, another prominent tycoon, has officially stated that the objective of most companies should be to survive, never thrive:” There are basically very many risks, known and unknown, to take an aggressive stance on expansion”.

It is safe to assume that the Hong Kong business community is well-versed in Chan’s opinions.

This should be the subject of China’s leaders ‘ full consideration. The impact of artists like Li and Chan is both global and local. When it comes to investing in China, many foreign investors may take their cue from these business officials. If they advise caution, the global firm area will be even more careful.

China’s frontrunners should first work hard to rekindle the interest and enthusiasm of Hong Kong’s organization leaders, as Beijing did 45 years before, in order to change the mood of the global investment area.

Original South China Morning Post editor-in-chief Wang Xiangwei He then teaches media at Baptist University. This remark appeared on SCMP for the first time.

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