Trade War Truce — and a Five Year Plan

China In Context

China and the US reached a truce in their trade war at the recent meeting between Donald Trump and Xi Jinping in South Korea. And the two leaders even pledged to visit each other’s countries next year. But US tariffs on Chinese imports remain at around 47% — and a dispute over the export of US semiconductor chips to China looks set to continue. These tensions seem to have informed the Communist Party’s newly released proposals for China’s next Five Year Plan, which focus on innovation and making China technologically self-sufficient. But will this approach, along with promises to boost the private economy, help to tackle unemployment and sluggish domestic consumer spending? Minxin Pei, professor of government at Claremont McKenna College in California, and editor of the website China Leadership Monitor, discusses the prospects for Sino-US relations and the challenges facing China’s leaders.

Photo credit: Daniel Torok / White House

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The views and opinions expressed on this podcast are those of the speakers and are not necessarily those of the SOAS China Institute.
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SOAS China Institute (SCI)

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Music credit: Sappheiros / CC BY 3.0