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Article
Averting a global calamity? Trump and Xi at the G20
Publisher
International trade
Relations with China
Australia-China relations
Description
With the Osaka G20 Summit looming, some Chinese analysts and policymakers in Beijing are pessimistic about the prospects for a trade deal with the United States. If they are right, global financial markets are in for a much wilder shock than anything yet seen in this economic quarrel between the United States and China. Yet a deal is possible — and much of it is already agreed. At the same time the consequences of not reaching a deal have become increasingly dire.
Key points:
- With the Osaka G20 meeting looming, Chinese analysts and policymakers visited in Beijing are pessimistic about the prospects for a trade deal with the United States.
- If they are right, global financial markets are in for a much wilder shock than anything yet seen in this quarrel.
- Yet much of a deal has already been agreed, while the consequences of not reaching a deal have become increasingly dire.
Publication Details
Copyright:
Lowy Institute 2019
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
26 Jun 2019
