Analyst: China flexes power in U.S. trade war, spots economic weakness
CNBC · Just In
CNBC
Just In
Phillip Wool, Rayliant’s Head of Research, tells CNBC that China is prepared to use its strategic leverage in the trade war, having identified vulnerabilities in the U.S. economy. Observers say this marks a more assertive phase in Beijing’s approach to ongoing trade tensions.
Breakdown
- China sees potential weaknesses in the U.S. economy despite strong markets.
- Beijing is prepared to use economic levers, including rare earth minerals, in trade talks. 23s
- U.S. and Chinese leaders are expected to meet at upcoming summits, with hopes for de-escalation. 52s
- A broad trade deal could involve China increasing U.S. agricultural imports, but concerns remain over Taiwan's role. 2m 17s
- No major changes are expected in U.S. policy toward Taiwan in the near term. 3m 14s