In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘“major-country relationship” between China and the United States’

Xi, Trump reach consensus, agree not to impose new additional tariffs

Posted by seumasach on December 3, 2018


2nd December, 2018

BUENOS AIRES, Dec. 2 (Xinhua) — Chinese President Xi Jinping and his U.S. counterpart Donald Trump held a “highly successful meeting” here Saturday, reaching important consensus and agreeing not to impose new additional tariffs.

The two heads of state had an in-depth exchange of views on China-U.S. relations and international issues of common concern in a friendly and candid atmosphere at a working dinner after the conclusion of the 13th summit of the Group of 20 in Argentina.

Sound China-U.S. relations, Xi said, are in line with the fundamental interests of the two peoples and the broad-based expectations of the international community.

He called on both China and the United States to handle the development of bilateral relations from an overall perspective and push for long-term, healthy and stable development of bilateral ties.

Trump said that he agrees with Xi on his evaluation of U.S.-China relations.

Read the rest of this entry »

Posted in Global peace process | Tagged: , , | Leave a Comment »

How China ended up getting the best deal

Posted by seumasach on June 17, 2018

There seem to be two factions inside the US ruling class: one which favours a permanent Cold War and the Trump faction. Trump has now prevailed and duly moved to end the Cold War. He has thus cleared the way for constructive engagement with China. As China is America’s largest creditor and provider of consumer goods it is only logical that the US should try to reach an agreement with her. This not about free trade but free movement of capital and the reinvestment of US debt in means of production inside the US thus eliminating the US trade deficit. This would also enable the creation of a new global currency system. Obviously, there is opposition to such an outcome inside the US elite but apart from a prolonged paralysis and humiliating decline the only other option is a war with China. Many on the left, in particular, seem to regard this as an inevitability. However, the USA has no history of taking a major power head on and the military balance is no longer favourable if it ever was. Furthermore, Trump has already created facts on the ground which gravitate against such a scenario. He has undermined the so-called special relationship with the UK, always a willing partner in any recklessness. He has also undermined the whole notion of the “free world” as the West likes to style itself and, thus, the possibility of a coalition of the willing. For all the contrast in style and ideological posture, there is some continuity from the Obama presidency. Obama undoubtedly sought detente with Russia but his deal was killed stone dead by factions within the US military when they attacked the Syrian army. A similar derailment of the Trump deal cannot be ruled out but he has gone to great lengths to guard his back: he has spent recklessly on the military and, unlike Obama, he has appeased the Israeli lobby. He also appears to have brought on board those within the military who particularly fear reckless overseas engagements.

Foreign Affairs

15th June, 2018

On June 12, all eyes were on U.S. President Donald Trump and North Korean leader Kim Jung Un, in the first ever meeting between the heads of states of the two countries. Athough pundits debate whether it was North Korea or the United States that benefited the most from the summit, there was a less visible player that came out a clear winner: China.

Read more

Posted in Global peace process | Tagged: , , | Leave a Comment »

Trump’s ‘America First’ reappears centre stage

Posted by seumasach on May 6, 2017


Indian Punchline

4th May, 2017

The US President Donald Trump’s foreign policy team bears an appearance of being dominated by the military brass. This in turn engendered the perception that Trump’s ‘America First’ foreign policy is not going to happen. But in reality Trump has been biding his time. One sign of it has been the slow, unobtrusive emergence of state secretary Rex Tillerson at the centre stage of policy-making in the recent weeks. (I subscribe to the opinion that Tillerson was an inspired choice President-elect Trump had made in his cabinet appointments.)

Read more

Posted in Multipolar world | Tagged: , , , , | Leave a Comment »

What should Xi and Trump talk about?

Posted by seumasach on April 3, 2017

“There is another way to take advantage of the trade surplus China enjoys: to make financing one of the requirements in the infrastructure projects that Chinese companies wish to take part in. China should be quite willing to do so as it has been actively financing various projects along the Silk Road.”

In other words, China can write down US debt in exchange for investments in US

Asia Times

3rd April, 2017

Later this week, China’s President Xi Jinping will meet US President Donald Trump in Florida at the unofficial White House. In view of Trump’s predilection for unpredictability and brash outbursts, some pundits thought Xi might be taking a risk if the impromptu summit does not turn out well.

Read more

Posted in Multipolar world | Tagged: , | Leave a Comment »

US/China deal to build high-speed rail between LA and Vegas

Posted by seumasach on September 19, 2015

The US and China Just Made a Deal To Build High-Speed Rail Between LA and Vegas


17th September, 2015

Americans could one day soon cruise between two major cities in the western US on a mega-fast train at 150 mph, thanks to a new agreement between a private US venture and a consortium led by China Railway Group.

Read more

Posted in Multipolar world | Tagged: , | Leave a Comment »

Resetting U.S.-China Relations

Posted by seumasach on November 11, 2014

“Chinese leaders have put forward a new model of “major-country relationship” between China and the United States, an intellectual framework for resolving one of the greatest puzzles in international history — how to avoid falling into the so-called Thucydides trap, the often-cited cycle of struggle between rising and established powers.”


11th November, 2014

President Obama arrived in Beijing on Monday for a meeting of the AsiaPacific Economic Cooperation forum. He will meet with China’s president, Xi Jinping, at length on Wednesday. The occasion is a vital opportunity for the two presidents to reset the relationship between the nations.


Posted in Multipolar world | Tagged: , , , , , , , | Leave a Comment »

%d bloggers like this: