Discover and read the best of Twitter Threads about #USChina
Most recents (8)
Chicken feet, pork feet and pig ears have higher appeal in China than they do to American consumers, just one more way American protein producers and China can have win-win relations in the field of agriculture, Chinese Ambassador Qin Gang said Saturday. #ChinaUS #CGTNAmerica 
President and CEO Shane Smith of Smithfield and team hosted Qin and his delegation, including representatives from China’s agricultural sector, at their processing plant in Denison, Iowa. #QinGang #ChinaUS #USChinatrade #CGTNAmerica
As guests they were treated to a down-home lunch after a detailed presentation highlighting Smithfield’s success since being acquired by China’s WH group for $7.1 billion in 2013. Smithfield has operations in the U.S., China, Mexico and Europe. #USChinatrade #CGTNAmerica
We are live tweeting @d_jaishankar in conversation with @BradSmi @Microsoft. The two will discuss @BradSmi’s latest book “Tools and Weapons: The Promise and the Peril of the Digital Age” #Raisina2021
.@BradSmi: Tech is a quintessentially global industry, but is also remaking every aspect of societies around the world. #Raisina2021
.@BradSmi: As data is fundamental to our lives, our book begins in one of @Microsoft’s data centre campuses. It brings to life the sheer scale of infrastructure that goes into these centres. #Raisina2021
While many remark about Biden’s past rels w/China—Fmr USDOT Sec & wife of Senate Minority Leader Mitch McConnell (R-KY), Elaine Chao #赵小兰 repeatedly used her office staff over the past 4yrs. to help her family’s Foremost Group #福茂
shipping business w/extensive ties to China.
shipping business w/extensive ties to China.
Published 2 March 2021 USDOT Inspector General report on fmr Secretary of Transportation #USDOT Elaine Chao’s #赵小兰 poss conflicts of interests in her interactions w/China (given her father’s Foremost Group #福茂 shipping firm’s heavy reliance on China). oig.dot.gov/sites/default/…
USDOT’s IG found multiple “potential ethics concerns arising from the actions of the Secretary & Office of the Secretary staff under her direction”—adding that Elaine Chao #赵小兰 used the USDOT “for tasks for the Secretary that appear to be personal in nature." h/t @shawnarchen
"Our supply chains can't be used against us as leverage," President Joe Biden said before signing the executive order, in an apparent allusion to China's role in American supply chains.
s.nikkei.com/3qRkhcg
s.nikkei.com/3qRkhcg
Biden's latest executive action comes as a global semiconductor shortage takes a heavy toll on automakers, with American giants such as Ford Motor and General Motors projecting billions in lost earnings this year due to reduced output.
One aspect the Biden administration has highlighted is Washington's intention to work with like-minded partners and allies to build resilience in technology supply chains.
s.nikkei.com/2ZKzW18
s.nikkei.com/2ZKzW18
#BREAKING
TOP CHINA DIPLOMAT YANG JIECHI SPEAKS TO U.S.-CHINA GROUP
#Yangjiechi #China #US #diplomacy 🇨🇳🇺🇸
TOP CHINA DIPLOMAT YANG JIECHI SPEAKS TO U.S.-CHINA GROUP
#Yangjiechi #China #US #diplomacy 🇨🇳🇺🇸
President Trumps economic advisor Larry Kudlow took questions about US/China trade deal, which the President’s expected to sign momentarily. Says “the fact that it happened is historic...we pretty much got what we wanted.” #NexstarDC
In “phase 1” of ongoing trade deal, tariffs have been rolled back. There’s an expectation more will be rolled back in “phase 2”, but no details on that yet. #NexstarDC
Signing ceremony beginning for Phase One of a major trade deal between the US and #China. The East Room of the WH absolutely packed with international/domestic media. This is my amazing standing room only view of the historic deal
@vtchakarova @amlivemon @Halsrethink @LibrariumViews @JamesGRickards @gbponz @BaldingsWorld @C_Barraud @BcnFox @MacaesBruno @chigrl @RobertMCutler @GrayConnolly @DrPippaM @Kostian_V @wangxiangweihk @IndoPac_Info @michaeltanchum I really liked the piece. I’m particular I liked your characterisation of #DragonBear as a “temporary asymmetric relationship”. But some questions too:
@vtchakarova @amlivemon @Halsrethink @LibrariumViews @JamesGRickards @gbponz @BaldingsWorld @C_Barraud @BcnFox @MacaesBruno @chigrl @RobertMCutler @GrayConnolly @DrPippaM @Kostian_V @wangxiangweihk @IndoPac_Info @michaeltanchum 1) is the main common denominator of #Dragonbear really the exclusion of #US & #EU from #Eurasia (all very Mackinder!)? Are #China’s & #Russia’s #geopolitics the same? Does not Russia aim to exclude while China aims to bridge?
@vtchakarova @amlivemon @Halsrethink @LibrariumViews @JamesGRickards @gbponz @BaldingsWorld @C_Barraud @BcnFox @MacaesBruno @chigrl @RobertMCutler @GrayConnolly @DrPippaM @Kostian_V @wangxiangweihk @IndoPac_Info @michaeltanchum 2) Does #China really need #Russia know how in #diplomacy & #defence? I spent 5 years dealing with Chinese diplomacy, and it has nothing to learn from Russia. I suspect the day’s when China learnt from Russian military and military technology are also long gone
1/3
√ #US officially increased tariff from 10% to 25% on $200bn Chinese goods that will be exported from #China beginning today (May 10) i.e. goods that are currently on their way to the US will still be subject to the previous 10% rate
√ #US officially increased tariff from 10% to 25% on $200bn Chinese goods that will be exported from #China beginning today (May 10) i.e. goods that are currently on their way to the US will still be subject to the previous 10% rate
2/3
√ In practice then, new tariff will become effective in a few weeks, which opens an unofficial window to continue negotiations. Talks will continue today
√ China will retaliate and US will start the process (c.3 months) of imposing the remaining $300bn of goods at 25%
√ In practice then, new tariff will become effective in a few weeks, which opens an unofficial window to continue negotiations. Talks will continue today
√ China will retaliate and US will start the process (c.3 months) of imposing the remaining $300bn of goods at 25%
3/3
√ Assuming no #USChina deal and with current higher tariffs remaining in place, the negative impact on China’s GDP growth would be some 0.5% and some 0.2% on US growth, with just the additional increase in tariffs representing a cost for the US of 0.15% of 2018 US GDP
√ Assuming no #USChina deal and with current higher tariffs remaining in place, the negative impact on China’s GDP growth would be some 0.5% and some 0.2% on US growth, with just the additional increase in tariffs representing a cost for the US of 0.15% of 2018 US GDP
