China’s economy, trade & tariffs: Past, present, future

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Although it has long been assumed that China would inevitably surpass the United States in GDP, its ability to do so depends on Beijing’s willingness to implement extensive reforms, said Bert Hofman, Director of the East Asian Institute at Singapore National University. Both the US and Chinese economies have fared poorly in the pandemic and the US-China trade war was costly to both sides. Sanjana Goswami, Assistant Professor at the National University of Singapore noted that the ‘China Shock’ has been followed by a measurable dent in Chinese exports from the US-China trade war. Can China still overtake the United States? How does China’s future as an economic superpower affect its relations with the US? Watch the video to find out more.

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