Far from thawing, the US-China economic war could see a new front opening up
The US is concerned about competition in cars and renewables
Add BT as a preferred source
FOLLOWING two recent trips to China by US Treasury Secretary Janet Yellen, pundits have been speculating about a gradual thaw in the tensions over trade and investment between Beijing and Washington.
After all, the top US economic official did get red-carpet treatment in Beijing, and she reciprocated by suggesting the need to repair the relationship between the two economic superpowers.
“There is a personal element in this,” Yellen said, referring to her meetings with Chinese officials. “It involves respect and listening to the other side,” she added, stressing her approach of “disagreeing in an agreeable way”.
TRENDING NOW
DBS completes US$1 billion significant risk transfer deal, in first for Singapore bank
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Singapore private housing is ‘decoupling’ from HDB market as buyer pools diverge: NUS survey
Not in education, employment or training: Why more Hong Kong youths are opting out of work
