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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