The United States has significantly ratcheted up its trade war with China in recent weeks by firing two new shots. First, President Trump signed an executive order that is expected to restrict Chinese telecommunications companies Huawei and ZTE Corp. from selling their equipment and services in the United States.
Anthea Roberts is a Professor at the School of Regulation and Global Governance (RegNet) at the Australian National University. She is an expert on public international law, international economic law, and comparative international law. She is Chair of the Geoeconomics Working Group at the ANU College of Asia and Pacific.
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This is the fourth post in a series. Read the first three parts here, here and here.
This is the third post in a series. Read the first two parts of the series here and here.
This is the second post in a series. Read the first part of the series here.
We appear to be entering into a new geoeconomic world order, characterized by great power rivalry between the United States and China and the clear use of economic tools to achieve strategic goals. This increased convergence of economic and security thinking and strategies is likely to lead to a significant restructuring of the laws and institutions that govern international trade and investment.
Many reports have focused on the way China’s government uses censorship to suppress certain views in its academic sphere, both of Chinese academics and foreign presses. But how does it use carrots as opposed to sticks?