A potential Donald Trump return, while expected to affect how China will carry out Xi Jinping’s reforms, could also work in Beijing’s favour geopolitically, says former SCMP editor-in-chief Wang Xiangwei.
Members of the Politburo Standing Committee attend the third plenary session of the 20th Communist Party of China Central Committee held from Jul 15 to 18 in Beijing. the landmark third plenum of the Communist Party’s 20th Congress, they put a glowing stamp of approval on Xi’s core views and vision for how the party should build the world’s second-largest economy into a modern socialist nation by 2035, with more than 300 reform measures to be completed by 2029.
After all, US-China relations took a decisive turn for the worse in 2018 when the then American president launched a trade war against China as part of his administration’s efforts to ramp up geopolitical rivalry with Beijing. But it may just fit the thinking of the Chinese leadership as they need to wait and see if Trump wins.The prevailing sentiment among China watchers is that Trump 2.0 will worsen bilateral ties between the world’s two largest economies, already at a historic low. Trump has declared in recent interviews that he would consider even higher tariffs on Chinese imports if elected.
Trump 2.0 could help dial down the temperature over the Taiwan issue, which Beijing considers the most important red line in bilateral ties. China’s foreign policy priority is thus expected to focus on repairing and restoring ties with European countries, which have been hit by Beijing’s support for Russia’s invasion of Ukraine and rising trade tensions.
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