How China came up with a game plan to survive a Trump 2.0 trade war

For Chinese officials, the preparations started well before Donald Trump was re-elected as US president.

Advertisement

Months before the US election in November, many employees at Chinese government departments and major state-owned companies were working on ways to counter potential fallout from a second Trump administration.

“We began diving deep into everything about Trump starting from the middle of last year,” a senior executive from one of the country’s biggest financial institutions said.

“We conducted research and studies on him from every possible angle – everything he said and all his past moves,” the executive said, declining to be named.

The officials were working around the clock in anticipation of another trade war – so much so all business trips had to be taken by the end of February unless they were related to trade issues.

01:38

‘Fake news’: Chinese officials dismiss claims of US trade war consultations

‘Fake news’: Chinese officials dismiss claims of US trade war consultations

The Chinese leadership anticipated Trump would be unpredictable and have a hawkish China policy, including high tariffs on Chinese imports.

South China Morning Post

Related posts

Leave a Comment