As the Trump administration implements tariffs to correct decades of trade imbalances with China, Beijing’s export-driven playbook is drawing fresh scrutiny around the world.
Analysts said China’s “beggar-thy-neighbor” strategy of expanding exports at the expense of other countries’ industries is now being met with growing international backlash, prompting other countries to consider new tariffs and defensive trade measures.
Export Surge Masks Trade Imbalance
The Chinese Communist Party (CCP) is preparing for its annual Central Economic Work Conference, and its newly released “15th Five-Year Plan” again highlights its ambition to build a “manufacturing powerhouse.” But according to analysts, the global environment is shifting drastically against Beijing’s model.
Michael Zhuang
Author
Michael Zhuang is a contributor to The Epoch Times with a focus on China-related topics.