Centre for International and Defence Policy

Centre for International and Defence Policy
Centre for International and Defence Policy

James Anderson: A U.S.-China trade deal does not slow China’s rise

Tuesday, 5 March 2019
National Post

 

The original March 1 deadline has passed as the United States and China hash out a trade deal amid deadlocked negotiations.

Any U.S.-China trade deal likely falls short compared to what the Trans-Pacific Partnership (TPP) could have been.

Within current talks, Donald Trump’s administration is focused on greater access to subsidized Chinese industries and addressing intellectual property theft linked to alleged forced technology transfers to China. All of this has an impact on America’s economic competitiveness in the short term.

But is the U.S. adequately managing long-term Chinese efforts to don the mantle of global leader? On the third day of his administration in 2017, Trump honoured a campaign promise by withdrawing from the contentious TPP. The historic 12-nation agreement was on track to cover roughly 40 per cent of the global economy.

But is the U.S. adequately managing long-term Chinese efforts to don the mantle of global leader?

Democrats and some Republicans in Congress, advocacy groups and some members of the American public flatly opposed the agreement. Concerns about the oversized influence of multinational corporations and the controversial investor-state dispute process was a feature of the public discourse.

To read the full article go to: https://nationalpost.com/pmn/news-pmn/a-u-s-china-trade-deal-does-not-sl...

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