China looking forward to a friendly relationship with Trump

Zhang Jun, director general of the Chinese foreign ministry’s worldwide economics department, said China doesn’t want to assume that role, but may have to should Trump follow through with so-called “America first” policies, Reuters reported Monday.

China’s sluggish exports also could come under freshpressure this year if U.S. President-elect Donald Trump follows through on pledges to impose tough protectionist measures.

Trump, in media interviews, said Beijing’s “One China Policy” was negotiable.

The election of Donald Trump, who, labelling climate change a “hoax” created by China, has reversed the conspiracy, casts a dark shadow on the prospect of future global climate cooperation.

High school student Sun said Trump might improve the USA economy, though it was still too soon to tell how that might influence Taiwan.

But so far, the official government response has been subdued, with Chinese leaders apparently heeding advice from experts such as Shi Yinhong, director of the Center of American Studies at People’s University in Beijing. Also in attendance: Michael Dell of Dell Technologies, Jeff Fettig of Whirlpool, Alex Gorsky of Johnson & Johnson, Klaus Kleinfeld of Arconic, Andrew Liveris of Dow Chemical, Mario Longhi of U.S. Steel, Elon Musk of SpaceX, Kevin Plank of Under Armour, Mark Sutton of International Paper and Wendell Weeks of Corning.

PRESIDENT DONALD Trump appears willing to challenge the global status quo from the Middle East to Russian Federation to China. To make itself less dependent on trade with the USA and exports originating mostly from Pacific ports, China has invested billions of dollars to build the so-called Silk Road that now links Asia to Europe by train.

While the whole world braces itself for potential surprises to be displayed by the Trump administration, U.S.

“Any trade war, especially a trade war between the two largest economies in the world, will be very damaging to both economies and will hurt the global economy as well”.

Newly minted US President Donald Trump may not have mentioned China in his inaugural speech, but the thinking is the same as Mr Trump on the campaign trail, and China can expect pressure from the US both on trade and geopolitics.

3 p.m. Trump will have a meeting similar to the one he held earlier this morning, but this time with union leaders and “American Workers”. Until 1979, the USA saw Taiwan in that role. The Ministry of Commerce last week said it’s willing to work with the new US administration to help promote healthy trade development and economic ties, echoing President Xi Jinping’s speech to the World Economic Forum in Davos that warned against trade wars and protectionism.

If these costs are expected to be high, perhaps confronting China on trade won’t make sense or perhaps other approaches may work better.

Our view? America should grant China a free hand its sphere of influence – while engaging any economic development deals that bring jobs and investment to our shores (assuming there’s no taxpayer subsidization associated with the projects, obviously).

China will maintain the basic tone of seeking progress while maintaining stability this year, and the government is confident and capable of coping with various challenges and achieving stable social and economic growth, Li said.

The Chinese foreign ministry says this position on Taiwan is “non-negotiable”.