WHY TARIFF WAR THREATENS BEIJING’S GLOBAL ECONOMIC AMBITIONS
May 18, 2019
3 minutes
China’s intensified tariff war with the Trump administration is threatening Beijing’s ambition to transform itself into the dominant player in global technology.
The United States is a vital customer and source of technology for Chinese makers of electronics, medical equipment and other high-tech exports — industries that the ruling Communist Party sees as the heart of its economic future.
Yet to the Trump administration, they’re a threat to America’s industrial leadership.
Beijing managed to keep Chinese economic growth steady in the most recent quarter despite a drop in exports to the United
You’re reading a preview, subscribe to read more.
Start your free 30 days