Insights | China fully capable to respond to U.S.'s containment attempts 'at any cost', Russian expert says

Insights | China fully capable to respond to U.S.'s containment attempts 'at any cost', Russian expert says

The U.S.-China trade conflict has continued to escalate. In a recent interview, Russian sinologist and economist Leonid Kovachich noted that faced with repeated escalations from Washington, China has come to the clear conclusion that unilateral restraint yields no goodwill—adding that the U.S. approach to containing China's development has become increasingly aggressive and uncompromising. As the situation evolves, Beijing has officially initiat…

The U.S.-China trade war is escalating. But China may have more leverage than the U.S. thought

As the trade war between the U.S. and China escalates, the biggest questions are which side has more leverage and which is willing to tolerate more pain. China exported more than $400 billion US to the United States last year, much more than American companies sold to China. That’s why the Trump administration claims it has all the leverage. “The ball is in China’s court. China needs to make a deal with us. We don’t have to make a deal with them…