Left Menu
Development News Edition

Bitterness before US-China Trade Deal on Wednesday

Both the superpowers are going to sign Phase 1 of the US-China Trade Deal on Wednesday. The stock markets are hovering on all time high but the questions are being raised on sustainability of the deal as spat continue between them on several fronts. 

Siddheshwar  ShuklaSiddheshwar Shukla | Updated: 13-01-2020 21:45 IST | Created: 13-01-2020 21:45 IST
Bitterness before US-China Trade Deal on Wednesday
Image Credit: Pixabay

The markets in the US are hovering as the US and China are scheduled to sign the Phase 1 of the trade deal on Wednesday and announcement has also been also made for negotiation on Phase 2. This trade is being seen with much hope by economists and investors from throughout the world as it was imminent to fight the global slowdown.

Therefore, everybody wants the deal to be done but nobody seems confident about its sustainability. This is because while both the partners are engaged in bitter duals before going to sign the deal on Wednesday. The first note of caution came from Executive Vice President of the US Chamber of Commerce Myron Brilliant who is presently in Chinese capital Shanghai. "Implementation of Phase-1 will be important to build trust and certainty, building off the success of the negotiation," said Brilliant, who said he had been briefed on the text of the accord but not seen it. But while the Phase 1 accord "stops the bleeding", he said. "at the same time it's important that the two sides demonstrate a commitment to moving forward on the Phase 2 negotiations," he was quoted as saying . This statement is not a guess but actually summarizes the activities between both the countries that are engaged on several diplomatic fronts. In fact, the trade war between the US and China is more diplomatic fight for overall supremacy than a fight for trade, business and economy. This fight was visible on at least three fronts on Monday.

Chinese Response on reelection of Ing-wen

Taiwan has been a controversial issue between China and the USA. In the ongoing elections in Taiwan, the US agencies succeeded in ensuring the reelection of the President Tsai Ing-wen. The President is considered close to the US but anti to China. This election was an issue of prestige between both the countries. After the results went against the expectations of China, an angry dragon cursed the Wen and her supporters.

"Separatists will stink for 10,000 years," said Chinese State Councilor Wang Yi. He also emphasized on "one China" principle that recognizes Taiwan as being part of China had long since become the common consensus of the international community. "This consensus won't alter a bit because of a local election on Taiwan, and will not be shaken because of the wrong words and actions of certain Western politicians," Wang added, in an apparent reference to U.S. Secretary of State Mike Pompeo.

Human Rights Issue in Hong Kong

The United States is making all efforts to reach out pro-democracy protests in Hong Kong. However, China has stonewalled all its efforts. The US, despite the objections and threats of China enacted a law – Hong Kong Human Rights and Democracy Act 2019 - to help the pro-democracy protests in Hong Kong.

In a recent action, Chinese agencies on January 12 barred Mr. Kenneth Roth, the head of New York based NGO – Human Rights Watch – from entering in Hong Kong. Defending the decision, the Chinese government blamed the international NGOs for political instability in Hong Kong. In fact, China has put a blanket ban on US based NGOs from entering in Hong Kong as the US President Donald Trump ignored the warning of China and singed the Hong Kong Human Rights and Democracy Act 2019. The human rights bodies from throughout the world has been blaming China for violating the human rights in Hong Kong and harassment against minorities but China never pays heed to their concerns.

Social Media access to diplomats

In a major decision on Monday, China allows its foreign missions, diplomats and government officials to use social media platforms such as Twitter, Facebook, WhatsApp etc. to connect with their people.

As all these social media platforms are based in the US, China has banned them for its citizens and government officials in the country. However, the diplomats and personnel posted in the foreign missions of China have been allowed. This strategy would ensure a double benefit for China. The dragon will be protecting its market from US companies and simultaneously monitoring activities of the US companies in addition to its declared policy of establishing a connection with the people.

A long list of contentious issues

The list of contentious issues between the US and China is too long. They include their respective interests in Pakistan, Iran, North Korea and South Korea, trade interests in African countries, European Union, Climate Change and Space etc. The present deal is good but it would be better and sustainable if both the countries could work together to solve their diplomatic issues as well.

(Disclaimer: The opinions expressed are the personal views of the author. The facts and opinions appearing in the article do not reflect the views of Devdiscourse and Devdiscourse does not claim any responsibility for the same.)


  • FIRST PUBLISHED IN:
  • Devdiscourse

TRENDING

OPINION / BLOG / INTERVIEW

Augmented Reality: Potential future of education

AR has acquired a foothold in educational settings, particularly in developed countries, as an alternative solution to conventional learning experiences as it provides students an immersive, three-dimensional atmosphere with real-world char...

Uganda COVID-19 response: Was off to a good start but reopening dwindled prospects

Uganda has shown success in using health information to enhance efficiency of disease surveillance, reporting and monitoring. The success, however, has critical challenges confronting it as the country resumes normal activities....

New farm bills in India: Focusing on farms or farmers?

... ...

Kenya’s COVID-19 response: Chaos amid lack of information

Confusing numbers and scanty information on how effective curfews and lockdowns have been in breaking transmission have amplified coordination and planning challenges in Kenyas response to COVID-19. Without accurate data, it is impossible t...

Videos

Latest News

YSRCP leaders to seek feedback about welfare schemes implemented by CM Reddy

Coinciding with the three years of the Praja Sankalpa Yatra, YSRCP leaders and activists would be going to the people from November 6 for 10 days to get a feedback about the success of the welfare schemes being implemented by the YS Jagan ...

Shah to hold BJP organisational meetings during two-day Bengal visit

Union Home Minister Amit Shah will hold organisational meetings with BJP activists in Bankura and Kolkata during his two-day visit to West Bengal from November 5, a senior party leader said on Saturday. A preparatory meeting was organised b...

Surat sees 227 new COVID-19 cases while 243 are discharged

Surat reported 227 new coronavirus positive cases on Saturday, the highest in Gujarat, raising its tally to 35,921, while 243 people were discharged and one succumbed to the infection, an official said. Surat city accounted for 168 of the n...

EC notice to BJP's Bisahu Lal Sahu over remark on Vishwanath Singh's wife

The Election Commission of India ECI on Saturday issued notice to Bisahu Lal Sahu, Bharatiya Janata Party candidate from Madhya Pradeshs Anuppur, condemning his impugned statement regarding Congress leader Vishwanath Singh earlier this mont...

Give Feedback