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Discover the impact of blockchain on the trade relationship between the world's two largest economies China's Trump Card: Cryptocurrency and its Game-Changing Role in Sino-US Trade grapples with the fascinating issue of the effect of digital currencies on world trade and the relationship between China and the United States in particular. Full of forward-looking insights, solid data analysis, extensive collection of relevant literature and incisive observations, author Raymond Yeung compellingly argues that cryptocurrencies will have a significant role to play in harmonizing geopolitical power struggles. Covering all the subjects required for a full understanding of the future of the Sino-US trade relationship, China's Trump Card discusses: The looming risks of de-dollarization in the wake of de-globalization The pressing need to construct a new currency standard superior to the fiat money regime in response to the global imbalance China's diversification of its offshore portfolios to include alternative investments The implications of Facebook's plan to create a blockchain-based digital currency The fact that blockchain offers a fungible asset class option for China's reserves investment, which can be relatively independent of political considerations This book is perfect for business leaders, investors, financial analysts, policymakers, economists, fintech developers and others who have a stake in the outcome of the blossoming trade disputes between the United States and China.
The world needs a strong America, and America needs an economic revival after the Coronavirus season of shutdowns. Can the playbook that resulted in the greatest job market in history put Americans back to work? From the first moments of his presidency, Donald J. Trump put US economic revival at the top of his agenda. Cutting red tape and slashing business tax rates made companies eager to locate in America again. A surge in corporate investment led to record numbers of US job openings. But there was also another force at work at the start of the Trump era, and it’s impossible to provide a fair accounting of Trump’s governance without noting the unique obstacles he’s faced. The President’s critics styled themselves “The Resistance,” as if they were confronting a tyrant at the head of an invading army rather than their duly elected President. Much of the media establishment regularly—and wrongly—accused him of betraying the country. Most disturbing was the resistance movement inside government, formed even before the 2016 election, which unleashed unprecedented surveillance against Donald Trump. The political and media warfare has never ended. Just as an impeachment case collapsed in the Senate earlier this year, the world was beginning to realize how large a threat the Chinese communist government had become—and what it had been hiding in Wuhan. The destruction caused by the coronavirus is the latest and greatest test for the Trump prosperity agenda. Once again the health and wealth of the world depend on US leadership for economic revival. This is the story of the man US voters chose to lead in 2016 and will soon consider to lead again.
Every American needs to understand the threat to America's safety and prosperity posed by China's reemergence as a world power. Unlike our other economic and military rivals, China is the only country big enough and with enough human resources to compete with us everywhere in the world. From the point of view of Beijing, China has a long history of dominating the world, and the past century of Western dominance is only a temporary blip.Their strategy to overtake America involves using spying, extortion, lawsuits, economic infiltration, intellectual property theft, propaganda and sabotage to weaken the United States and strengthen China. Gingrich's research will show that it is clear Chinese leaders are following this strategy to the letter, and that it is working as planned.It is possible for America to respond to the Chinese effort but doing so will require many big changes and hard choices for our leaders in government and private sector. That is why it is vital to build an understanding of the China challenge so there is consensus and political support to be what must be done.Newt Gingrich's TRUMP VS CHINA will serve as a rallying cry for the American people and a plan of action for our leaders in government and the private sector. Written in a language that every American can understand, but still rich in detail and accurate in fact, TRUMP VS CHINA will lay out China's multi-pronged attack against the United States and what we must do to combat it.
The transition from President Donald J. Trump to President Joseph R. Biden Jr. stands as one of the most dangerous periods in American history. But as #1 internationally bestselling author Bob Woodward and acclaimed reporter Robert Costa reveal for the first time, it was far more than just a domestic political crisis. Woodward and Costa interviewed more than 200 people at the center of the turmoil, resulting in more than 6,000 pages of transcripts—and a spellbinding and definitive portrait of a nation on the brink. This classic study of Washington takes readers deep inside the Trump White House, the Biden White House, the 2020 campaign, and the Pentagon and Congress, with eyewitness accounts of what really happened. Intimate scenes are supplemented with never-before-seen material from secret orders, transcripts of confidential calls, diaries, emails, meeting notes and other personal and government records, making Peril an unparalleled history. It is also the first inside look at Biden’s presidency as he began his presidency facing the challenges of a lifetime: the continuing deadly pandemic and millions of Americans facing soul-crushing economic pain, all the while navigating a bitter and disabling partisan divide, a world rife with threats, and the hovering, dark shadow of the former president.
Imagine… The US, as the sole Christian and Western power, down to the third slot from the top, is being squeezed out by China and India, the number one and two economies in the world, and challenged by two upcoming Muslim countries, Indonesia and Turkey, from the other end. All the while, Germany, the UK, and France are struggling to hold on to the bottom of the barrel in the top ten list, being of no help to the US during this onslaught. No, it is not a horror movie. It is about to become reality. And as early as within a decade! Unless Erdoğan and Trump can eliminate soft bellies in the Middle East and Europe, setting the stage for the US to establish balance of power against the rapidly rising East.
This book explores U.S.-Taiwan-China relations during both the Trump and Biden administrations, revealing how policy changes under both presidents have impacted Washington’s decades-long strategic policy framework for Cross-Strait Relations. By tracing the continuities and changes of U.S. Strategic ambiguity and One-China Policy framework between the Trump and Biden administrations, the book assesses how the foreign policy prism, through which U.S. leaders view China and Taiwan, has experienced a distinct alteration and subsequently led to a policy adjustment. Utilising a wide range of documents and primary material, such as White House documents (ranging from the Clinton to the Biden administrations) in conjunction with interviews with Taiwan officials, this volume brings a detailed portrait of past, present, and potential future U.S.-Taiwan-China relations. Moreover, it provides a succinct examination of U.S. foreign policy traditions such as internationalism, nationalism, and multilateral nationalism (providing a study of U.S.-China relations and policies from Nixon to Biden) and the resulting influence of such traditions on recent U.S. Cross-Strait policy. Presenting a comprehensive study of both the Trump and Biden administrations approach to Taiwan, this will be a valuable resource for any scholar or student of U.S. Foreign Policy, U.S.-Taiwan-China Relations and Cross-Strait Relations.
This is the inside story of the US–China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, D.C., the other in Beijing, who have had more access to the decision makers in the White House and in China’s Zhongnanhai leadership compound than anyone else. The trade battle between China and the U.S. didn’t start with Trump and won’t end with him, argue Bob Davis and Lingling Wei. The two countries have a long and fraught political and economic history which has become more contentious over the past three years—an escalation that has negatively impacted both countries' economies and the world at large—and holds the potential for even more uncertainty and disruption. How did this stand-off happen? How much are U.S. presidents and officials who haven't effectively confronted or negotiated with China to blame? What role have Chinese leaders, and U.S. business leaders who for decades acted as Beijing’s lobbyists in Washington, played in driving tensions between the two countries? Superpower Showdown is the story of a romance gone bad. Uniquely positioned to tell the story, Davis and Wei have conducted hundreds of interviews with government and business officials in both nations over the seven years they have worked together writing for the Wall Street Journal. Analyzing U.S.–China relations, they explain how we have reached this tipping point, and look at where we could be headed. Vivid and provocative, Superpower Showdown will help readers understand the context of the trade war and prepare them for what may come next.
The world's most populous nation and soon-to-be largest economy is rapidly turning into the planet's most efficient assassin. Unscrupulous Chinese entrepreneurs are flooding world markets with lethal products. China's perverse form of capitalism combines illegal mercantilist and protectionist weapons to pick off American industries, job by job. China's emboldened military is racing towards head-on confrontation with the U.S. Meanwhile, America's executives, politicians, and even academics remain silent about the looming threat. Now, best-selling author and noted economist Peter Navarro meticulously exposes every form of "Death by China," drawing on the latest trends and events to show a relationship spiraling out of control. Death by China reveals how thousands of Chinese cyber dissidents are being imprisoned in "Google Gulags"; how Chinese hackers are escalating coordinated cyberattacks on U.S. defense and America's key businesses; how China's undervalued currency is damaging the U.S., Europe, and the global recovery; why American companies are discovering that the risks of operating in China are even worse than they imagined; how China is promoting nuclear proliferation in its pursuit of oil; and how the media distorts the China story--including a "Hall of Shame" of America's worst China apologists. This book doesn't just catalogue China's abuses: It presents a call to action and a survival guide for a critical juncture in America's history--and the world's. Publisher's note - in this book various quotes and viewpoints are attributed to a 'Ron Vara'. Ron Vara is not an actual person, but rather an alias created by Peter Navarro in order to present his views and opinions.
Using both Chinese and Western theoretical approaches, this book analyses the strategies implemented by China for reclaiming power in the international domain. Examining domestic measures taken by China to assure its economic and social development, it also considers the strengths and weaknesses of its major international opponent, the US, and analyses their competing approaches to developing power resources and leadership dominance. It studies the foreign policies of both China and the US, first by going back to the historical origins of their ideological foundations and secondly by analysing their power building from the nineteenth century to the Trump and Xi Jinping presidencies. Finally, this book focuses on the One Belt One Road Initiative as China’s response to putting an end to the ‘world America made’ and debates the question of whether China will emerge as a new capitalist country embedded in the liberal capitalist world system, or as an authoritarian state with a socialist market economy, able to change the rules of the international order. Providing a comparison of the two major world powers and a comprehensive overview of their relationship, this book will be of great interest to students and scholars of Chinese politics and international relations, as well as Chinese Studies more generally.
INSTANT NEW YORK TIMES BESTSELLER After a decade abroad, the National Book Award– and Pulitzer Prize–winning writer Evan Osnos returns to three places he has lived in the United States—Greenwich, CT; Clarksburg, WV; and Chicago, IL—to illuminate the origins of America’s political fury. Evan Osnos moved to Washington, D.C., in 2013 after a decade away from the United States, first reporting from the Middle East before becoming the Beijing bureau chief at the Chicago Tribune and then the China correspondent for The New Yorker. While abroad, he often found himself making a case for America, urging the citizens of Egypt, Iraq, or China to trust that even though America had made grave mistakes throughout its history, it aspired to some foundational moral commitments: the rule of law, the power of truth, the right of equal opportunity for all. But when he returned to the United States, he found each of these principles under assault. In search of an explanation for the crisis that reached an unsettling crescendo in 2020—a year of pandemic, civil unrest, and political turmoil—he focused on three places he knew firsthand: Greenwich, Connecticut; Clarksburg, West Virginia; and Chicago, Illinois. Reported over the course of six years, Wildland follows ordinary individuals as they navigate the varied landscapes of twenty-first-century America. Through their powerful, often poignant stories, Osnos traces the sources of America’s political dissolution. He finds answers in the rightward shift of the financial elite in Greenwich, in the collapse of social infrastructure and possibility in Clarksburg, and in the compounded effects of segregation and violence in Chicago. The truth about the state of the nation may be found not in the slogans of political leaders but in the intricate details of individual lives, and in the hidden connections between them. As Wildland weaves in and out of these personal stories, events in Washington occasionally intrude, like flames licking up on the horizon. A dramatic, prescient examination of seismic changes in American politics and culture, Wildland is the story of a crucible, a period bounded by two shocks to America’s psyche, two assaults on the country’s sense of itself: the attacks of September 11 in 2001 and the storming of the U.S. Capitol on January 6, 2021. Following the lives of everyday Americans in three cities and across two decades, Osnos illuminates the country in a startling light, revealing how we lost the moral confidence to see ourselves as larger than the sum of our parts.