It’s not just size. China’s pragmatic trade strategy, which prioritizes meeting the development needs of its trading partners, has played a key role, too.
The Trump administration’s promise of $12 billion in aid to offset losses from retaliatory tariffs will not make up for the long-term consequences of a prolonged trade war.
China’s aspirations of global dominance will hit a snag given the world’s other major powers identify democratic values as central to their national identies. Only China and Russia do not. Russian President Vladimir Putin and Chinese President Xi Jinping in Beijing in June 2018.
(AP Photo/Dake Kang)
New research suggests the values and identities of the world’s great powers present a major barrier to China’s aspirations of global domination. Do not bet on China’s hegemonic prospects just yet.
A 1792 painting by artist James Gillray portrays the Macartney Embassy mission to China, when the British ambassador was rebuffed by the emperor after offering western goods. There are parallels in Chinese history to Donald Trump’s isolationism.
British Museum/1868,0808.6228
China turned inward during the Industrial Revolution after being a economic powerhouse for thousands of years. There are lessons about the dangers of Donald Trump’s isolationism in Chinese history.
Ambassador of China to Canada Lu Shaye is photographed at the Embassy of the People’s Republic of China in Ottawa on May 24, 2018, following the announcement that Canada had turned down China’s takeover bid for Aecon.
THE CANADIAN PRESS/Justin Tang
In the wake of the Canadian government’s rejection of a Chinese takeover bid for construction company Aecon, Canada must drop the ‘Red Scare’ rhetoric and figure out how to engage with a rising China.
Chinese President Xi Jinping waves as he leaves a welcome ceremony at the Great Hall of the People in Beijing recently.
(AP Photo/Mark Schiefelbein)
Canada has reportedly committed more than $1 billion to a Chinese investment bank. Is Canada unwittingly serving as a ‘useful idiot’ in Xi Jinping’s grand plans to restore China’s lost greatness?
Prime Minister Justin Trudeau walks with Chinese Premier Li Keqiang during a welcoming ceremony at the Great Hall of the People in Beijing, China in December 2017.
THE CANADIAN PRESS/Sean Kilpatrick
Canada’s “progressive trade agenda” with China might have died in the Great Hall of the People earlier this month. But there’s now an opportunity for a serious reconsideration of the relationship.