Lovely: Vitally Important Election for US-China Relations
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- čas přidán 27. 06. 2024
- Senior officials of China's ruling Communist Party will meet in July for the highly anticipated third plenum. Mary Lovely, Peterson Institute for International Economics Senior Fellow shares President Xi's top priorities as he faces mounting economic challenges ahead of China's Third Plenum.
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The issue is that Biden and Trump are both Sinophobic so it won't matter who gets elected. The sooner we get a candidate who can work with the Chinese the better we will all be for it and maybe we can all go back to trading our inflation for China's deflation and balance out our economies. I'd prefer a booming economy and friendlier relations with China vs risking WW3 and going back to the stone-age but hey maybe that's too much to hope for these days.
Problem is there are little evidence of China threatening the US. If anyone think China is capable of attacking the land of the US he is a fool. If anyone think China is able to break through the cybersecurity system of the US that’s bs. If anyone think the CPC has the ability to expand beyond its current territory that’s bullshit as well. Boarder conflict exist everywhere but that is not a threat to the US. CPC has enough to do domestically it is incapable of expansion and manage it. China is too integrated in the international system and I don’t think there is an incentive to decouple with it by countries other than the US. I think the act of trade war is simply worsening the situation for both economy. If they think sanctioning China will cause political instability, they are wrong. It will only create a sense of urgency to ensure independence and China is capable to do that due to its massive manufacturing capacity and capability. I genuinely hope that countries can work together
Biden admin has really ramped up the economic war with China. Much more decoupling than under Trump. But with either one things will get worse. The neocons are clearly in charge of both the Trump and Biden admin. The problem is what happens when the US finds out the economic isn't working. That while China's growth has slowed, the US's growth has slowed even more? The huge US deficit, BRICS/dedollarization, the commercial RE time bomb, when these kick in China's growth vs the US's could shoot up to 5% or higher. If the economic war doesn't work the Thucydidies trap says a proxy war is the next step. US is preparing 3 possible proxy wars, Philipines, N-S Korea and last of all Taiwan. This is what comes next.
China's trade with the rest of the world is exploding, it's the top exporter of autos without selling a single vehicle to the US. Decoupling has taught China that it doesn't actually need the US anymore.
Biden's horrible showing at the debate offers a very small glimmer of hope, that a 3rd party candidate can emerge, not to win this election, it's too late, but to be the seed that grows to challenge the established Uniparty of Dem/GOP.
Trump's tariff was soft but China would seem to prefer the stinging beat it to the punch one so hey, they got the wish!
Trump wouldn't have bothered to swing by N Korea so that fact proved the pundit's false phobia
Is this really good for the future?
Its more of the same from BOTH candidates.
trump will likely be better than biden for china though.
Deflation, an issue??
Yes
@@ceejayhaughton7360 of course, everything is an issue.
Good interview, until 6:00. Then meaningless BS :(
Whichever candidate is toughest on China will become the next US 🇺🇲 president for sure.
I think you are stupid Indian.... Saw your stupid comment everywhere😂😂😂
You are a propagandist
Lol 😂 okay sinopobia
@@leeliu6867
Playing her tongue only!