It’s all about trade for China — and trade is about hitting economic growth targets at home and being a technology leader abroad. The stormy commercial relationship between the world’s two biggest economies since President Donald Trump took office is front and center in China’s view of the U.S. election. While a win for Democratic challenger Joe Biden offers no guarantee of relief, Beijing hopes to avoid a further deterioration and see negotiations put on an even keel. Meanwhile, Trump’s vow that China would pay for allegedly cheating the U.S. consumer has yet to yield more balanced trade. Still, calming the stormy seas of trade could provide the long-term assurance Beijing’s leaders seek.

Source: The Standard November 03, 2020 16:18 UTC