Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

China Is Secretly Worried That Donald Trump Will Win On Trade

Mint Mumbai

|

March 07, 2025

In seeking accord with U.S., Beijing wants to avoid becoming isolated like the Soviet Union during the Cold War

- Lingling Wei & Alex Leary

Soon after Donald Trump won the presidential election in November, Xi Jinping asked his aides to urgently analyze the Cold War rivalry between the United States and the Soviet Union.

His concern, according to people who consult with senior Chinese officials, was that as President Trump gears up for a showdown with Beijing, China could get isolated like Moscow during that era.

He's not wrong to worry. Even though Trump may be the one who currently looks isolated on the world stage—picking trade fights with erstwhile allies like Mexico and Canada, alarming Europe over his handling of the war in Ukraine and vowing to annex Greenland and the Panama Canal—the truth is that China doesn't hold a strong hand.

With a domestic economy in crisis, Xi is playing defense, hoping to salvage as much as possible of a global trade system that helped pull his country out of poverty. Across the Pacific, Trump is intent on rewiring that very trading system, which he and his advisers see as having benefited the rest of the world—and China most of all—at the U.S.'s expense.

It isn't just trade. The competing agendas of the leaders of the world's two largest economies are poised to lead to precisely what China is trying to avoid: a superpower clash not seen since the Cold War, an all-encompassing rivalry over economic, technological and overall geopolitical supremacy.

Trump, who highlighted the need to counter China throughout his campaign, returned to the White House with a comfortable victory and Republican control of Congress. He believes he can deal with Beijing from a position of strength, advisers said.

PLUS D'HISTOIRES DE Mint Mumbai

Mint Mumbai

Mint Mumbai

Sun Pharma rejig sets stage for Shanghvi's succession

Dilip Shanghvi is now executive chairman, son Aalok to oversee critical US business

time to read

2 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

Apple on track for record quarter on iPhone 17 sales

Sales volume, value expected to rise; top models sold out at three Apple Stores

time to read

3 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

Vodafone Idea investors cheer on hope of solution to new AGR case

Vodafone Idea Ltd investors celebrated after the Centre sought time to resolve the latest dispute over its statutory dues, citing consumer interest and its own stakeholding in the beleaguered telco.

time to read

2 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

The many shades of tea

My 13-year-old has taken to sharing Reels on the absurdities of language and how it can confuse one terribly if you're a new learner trying to grasp the rules.

time to read

2 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

Thyssenkrupp bid a litmus test for Jindal scion

Jindal Steel International’s pursuit of Thyssenkrupp Steel Europe marks a crucial moment for the group, and for its next-generation leader-in-waiting, Venkatesh Jindal.

time to read

3 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

Nvidia’s Huang walks an AI tightrope between US, China

Nvidia CEO Jensen Huang is trying to keep both the U.S. and China happy. It is proving to be a tricky high-wire act.

time to read

4 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

A tough test stands in the way of India’s ₹10 lakh-plus funds

Mutual funds are rolling out specialized investment funds (SIFs) with a minimum ₹10 lakh ticket size, but the product faces a distribution hurdle.

time to read

3 mins

September 20, 2025

Mint Mumbai

Mint Mumbai

Life's little tragedies, comedies and ironies

Hindi journalist Anil Yadav's short fiction in translation throws light on corruption, hypocrisy and everyday absurdities in Varanasi, and beyond

time to read

4 mins

September 20, 2025

Mint Mumbai

Food safety watchdog sniffs for spice adulteration

India's food safety regulator has ordered an enforcement blitz on spice manufacturers across the country, in a move to combat adulteration and safeguard public health.

time to read

1 mins

September 20, 2025

Mint Mumbai

Flex those flaxseeds for an extra dose of nutrition

This seed ties together fabric, food and fine art.

time to read

4 mins

September 20, 2025

Listen

Translate

Share

-
+

Change font size