Trump's political humbling signals short-term gain, long-term pain for China
BEIJING — The midterm drubbing of Donald Trump's Republicans may strengthen China's hand in trade talks with Washington, but Beijing is unlikely to revel in the misfortunes of a US president whose successor could prove less accommodating. US voters angered by rising living costs, exacerbated by Trump's trade wars with China and other countries, turned on his party in Tuesday's vote, handing…
The midterm elections' defeat of Donald Trump's Republican Party might bolster China's position in trade negotiations with the United States, but Beijing is unlikely to derive satisfaction from the misfortunes of a US president whose successor could be less accommodating. Frustrated American voters, angry over rising costs of living fueled by Trump's trade conflicts with China and other nations, turned against his party in Tuesday's vote, granting Democrats control of Congress.
This political setback for Republicans might make Trump more cautious about disrupting a tenuous trade truce with Beijing, according to some political analysts, thereby providing China with a potential edge in upcoming talks scheduled for later this month. The United States' fractured political environment also provides Beijing with the opportunity to bolster its own position and expand its trade connections before a forthcoming, possibly less accommodating US administration, noted Chinese and Western observers.
Shen Weizhong, a former Chinese Foreign Ministry official, acknowledged China's pragmatic assessment that a new president might differ significantly from Trump. However, he emphasized that securing an additional two years of stability is a valuable outcome for China.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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