Thursday, 12 July 2018

The establishing new connection between the East and the West



This topic is very political and important for understanding what the future world economy is like and what is ahead of us. The Chinese prime minister, Li Keqiang, and the German Chancellor, Angela Merkel, stressed the two countries' commitment to a multilateral trade system; the two countries have signed trade deals worth approximately $30bn. The US last Friday imposed 25 percent tariffs on $34bn of Chinese goods and China wants the deal with Germany can comfort the effect of the American tariff policy; moreover, China aims to build long term alliance and friendship with Germany and other countries who are experiencing bullies from the US.

The only friend that the US is making might be Russia; however, American people do not like the idea of befriending with Russia and Russia certainly does not think the US is the friend of Russia. Therefore, it is fair to say that the US is not making any new friend; in addition, the US is fighting against many of its friends at the moment. The US has attacked the NATO and many European Union countries and its neighbours, Mexico and Canada. When the US is turning against its allies, here comes the chance for China to make friends with these countries. Currently, these countries still have the hope that this is only a temporary problem and the US has the chance to handle it by itself; however, if this lasts too long, these countries will lose patience and then look for a new potential ally for alternative, and China is large enough to be the alternative.

To conclude, maybe at the moment, China will not be able to have these countries completely on its side; but if the US is continuing doing this and making the trade war more wide, then more countries will stand on the side of China.

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