Amy Hawkins
๐ค SpeakerAppearances Over Time
Podcast Appearances
The Chinese economy is incredibly dependent on exports.
Exports account for about one fifth of China's GDP.
And so if China can't export its goods to the US, then it has serious problems in its economy.
There are some sectors of China's economy that are doing really well, such as advanced manufacturing and artificial intelligence.
The government has introduced lots of political and financial support for certain sectors such as AI, green technology, EVs, but it needs the US to cooperate on that.
It needs US semiconductors.
It needs US to have more open trade policies.
It wants to ease some of the export controls which the US has put in place under Biden, which are aimed at kind of slowing China's rise.
And so it kind of does want to cooperate with the US a bit on those sectors.
You know, by some measures, Trump is coming into this visit somewhat weakened.
You know, he's approaching the midterms at home where...
People expect Republicans to lose control of the House of Representatives.
He just launched this wall, which he obviously hasn't been able to solve as quickly as he said he would be.
But if you talk to people in China, quite a lot of people see that Trump's turbulent foreign policy over the last few months has actually been a display of strength.
And it shows that...
Whatever the chaos has been unleashed by it, he nonetheless did, you know, kidnap the president of Venezuela.
He assassinated the leader of Iran.
And he's kind of willing to deal with these chaotic and destructive consequences, which presumably many other US presidents wouldn't have been able to.
And it kind of...
shows that what Trump wants, Trump does.