It came in a predawn tweet, like so many things from President Donald Trump: The announcement of new tariffs on steel and aluminum imports from Brazil and Argentina. It was just the start of another wild week in Trump’s trade wars. He then threatened to retaliate against France for its new tax on American technology companies with tariffs on French exports of wine, cheese and handbags. Later in the week, Trump said he might prefer to wait until after the election to reach the “phase-one” trade deal with China he announced as all-but done back in October. The comments raised [...]
In 2003, just as I was arriving in China as a correspondent for The New York Times, tectonic changes were coming to the worlds of internet commerce, search and social media. But their rumblings were so deep beneath the surface that few could have predicted their long-term consequences. That year, Alibaba, a four-year-old web company that had started out of an apartment in Hangzhou, fended off an ambitious push by eBay into China’s e-commerce market by eliminating merchant fees for Taobao, Alibaba’s own e-commerce platform, even as it was losing money. The move helped put Alibaba on the road to [...]
Editor’s Note: Every Wednesday, WPR Newsletter and Engagement Editor Benjamin Wilhelm curates the week’s top news and expert analysis on China. As U.S. and Chinese negotiators scramble to finalize a “phase one” trade agreement, uncertainty is rising over whether a deal can actually be reached. Beijing has responded angrily to recently passed legislation in the U.S. that targets China for human rights violations, and President Donald Trump suggested Tuesday that he could wait until after the 2020 U.S. presidential election to complete a trade deal with China. Some observers on both sides of the Pacific see these developments as impediments [...]
