China Business & Economy
Opinion

In the China–US Trade War, How Much Will China Lose?

In the China–US Trade War, How Much Will China Lose?
Truck driver Marion Howard watches soy beans load into his truck on Wednesday, Oct. 11, 2017, at Chris Crosskno's farm near Denton, Mo. J.B. Forbes/St. Louis Post-Dispatch/TNS via Getty Images
He Qinglian
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Recently, the news of the United States–China trade war has dominated the headlines of media all over the world. U.S. President Donald Trump signed a memorandum on March 22, aimed at curbing “China’s economic aggression.” It has caused an uproar of criticism over the internet. The predicted consequences have been seriously exaggerated. However, if one observes the reaction of U.S. industry circles so far, and considers how there is still a 60-day consultation period, one will understand that actually there is room for negotiation between the two sides.
What are the Cards Dealt by the United States and China?
He Qinglian
He Qinglian
Author
He Qinglian is a prominent Chinese author and economist. Currently based in the United States, she authored “China’s Pitfalls,” which concerns corruption in China’s economic reform of the 1990s, and “The Fog of Censorship: Media Control in China,” which addresses the manipulation and restriction of the press. She regularly writes on contemporary Chinese social and economic issues.