The U.S.–China relationship under Trump and Xi will remain stagnant, shaped by mutual reluctance, internal priorities, and cautious policies.
Chinese Economy
Xi Jinping reaffirms his centralized control vision for China’s future, emphasizing political stability over economic reform.
Latin America could emerge as a critical market for Chinese EVs, which are facing greater barriers to entry into the U.S. and European Union.
Biden’s 100% tariff on Chinese EVs might encourage similar protective actions in Europe, reinforcing a global shift toward localization.
The Biden administration’s new tariffs on Chinese EV imports are aimed at staving off the entry of brands like BYD into the U.S. market.
Young Chinese people are clamoring to secure government jobs — a dangerous trend for China’s economic development.
Even after buying up Western brands, Chinese automakers have been unable to buy loyalty from existing customers of brands like BMW and Ford.
China’s economy has slowed due to weakening domestic and foreign demand and a real estate crisis. It now seeks new technologies to drive growth.
Elon Musk is a rare pro-China voice on the right. The reason why is quite simple: his company, Tesla, is doing big business in China.
The hurdles to the growth of Chinese power extend far beyond the economic sector. “The Chinese century” is not a foregone conclusion.