Читать книгу Financial Cold War. A View of Sino-US Relations from the Financial Markets онлайн

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Since the Trump Administration launched its trade war with China in January 2018, the scope of the conflict has been widened from a pure focus on trade and tariffs. Sanctions have been applied against Chinese technology companies. US allies have been pressured to remove Chinese manufactured components from their telecommunications networks on national security grounds. Further, Chinese companies from sensitive sectors have been denied access to US capital markets. Officials from both countries have recently hurled incendiary accusations at each other and engaged in an unseemly war of words over the origins of the Covid-19 pandemic and interference in Hong Kong affairs.ssss1 Some commentators believe that the US and China have entered – or are entering – into a ‘New Cold War’ or ‘Cold War II’.ssss1 Some have even gone so far as to suggest that there are reasons to welcome this, believing that multidimensional Great Power competition will provide an impetus for human progress and help the US confront its recent political dysfunction.ssss1