In this engaging discussion, Lizzi Lee, a Fellow on Chinese Economy at the Asia Society Policy Institute, dives into the recent U.S.-China trade negotiations, highlighting how unexpected tariff reductions could reshape the economic landscape. The conversation shifts to the noteworthy J-10C dogfight between India and Pakistan, exploring the implications of China's military technology. They also touch on the complex dynamics of global trade and the evolving U.S.-China relations, adding depth with insights on geopolitical tensions and the intersection of military innovation and diplomacy.
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insights INSIGHT
Tariffs' Limited Role in Reshoring
Tariffs need to be high and sustained to effectively reshore manufacturing to the U.S.
Lower tariffs mostly raise costs, which are then absorbed by suppliers, importers, and consumers.
insights INSIGHT
New Normal in U.S.-China Relations
The U.S.-China trade relationship has entered a new normal with deep distrust.
The conflict is likely to get more contentious, not less, regardless of leadership changes.
volunteer_activism ADVICE
Clear Investment Lists as Step
Publish clear investment white or negative lists focusing on low national security priority areas.
Use lists to reduce trade tensions and foster bilateral business cooperation.
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The Party by Christopher Pike is the first book in the Final Friends trilogy. It focuses on a group of high school students who attend a party that ends in a tragic event. The story builds up slowly, introducing various characters and their relationships, before culminating in a suspenseful climax. The novel sets the stage for several mysteries, including the central death, which occurs near the end of the book.
The Sinica Network proudly presents a new podcast: China Talking Points, featuring Kaiser Kuo (host of the Sinica Podcast), Eric Olander (host of the China-Global South Podcast and China In Africa Podcast) and Andrew Polk, co-founder of Trivium China and host of its podcast. We'll be joined regularly by Lizzi Lee, Fellow on Chinese Economy at the Asia Society Policy Institute’s (ASPI) Center for China Analysis. Tune in live every other week for unscripted thoughts on the major China-related news of the week.
This week, we focused on the truce in the trade war that Donald Trump launched with the so-called "Liberation Day" tariffs of April 9. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met with top Chinese trade negotiator He Lifeng and his team in Geneva over the weekend, and we look at what came out of those meetings and what we can expect to happen next. We also discussed the dogfight that took place between India and Pakistan last week, in which the Pakistani air force claims to have downed as many as five Indian planes, significant for China because the Pakistani planes were Chinese-made J10-C fighters. Eric, who wrote about the Chinese reaction to this and offered his take on the reasons for their success, managed to incur a lot of online Indian wrath — an occupational hazard — but presents a compelling case for why the fully integrated Chinese military systems gave Pakistan the edge.
Watch us live on YouTube starting May 28th. Check out the new Sinica Network YouTube channel here!
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