BEIJING: As Republican Donald Trump declared victory in the US presidential election, defeating Democrat Kamala Harris, China is bracing for four more years of bitter superpower rivalry over t
Republican presidential nominee former President Donald Trump speaks at an election night watch party at the Palm Beach Convention Center on Nov 6, 2024, in West Palm Beach, Fla. , defeating Democrat Kamala Harris, China is bracing for four more years of bitter superpower rivalry over trade, technology and security issues.
"Beijing anticipated a close race in the US election. Although Trump's victory is not China's preferred outcome and raises concerns, it is not entirely unexpected," said Tong Zhao, senior fellow at the Carnegie Endowment for International Peace. China sells goods worth more than US$400 billion annually to the US and hundreds of billions more in components for products Americans buy from elsewhere.
In response, China is likely to intensify its push for greater technological and economic self-sufficiency, while feeling more pressure to bolster economic ties with countries like Russia, he added. "China expects the second Trump administration to further disengage from international agreements and commitments, creating opportunities for China to expand its influence in emerging power vacuums," Zhao added.
Taiwan United States Donald Trump US Election
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beijing accuses Taiwan President Lai Ching-te of undermining peace in Taiwan StraitPolitical watchers say there is little that the Taiwanese President could say that would change Beijing’s view of him.
Read more »
Taiwan says Chinese aircraft carrier group sailed through Taiwan StraitThe Chinese ships were led by Liaoning, the oldest of China's three aircraft carriers.
Read more »
US will continue Taiwan-friendly approach after election, senior Taiwan official saysTAIPEI: The United States will continue its friendly approach towards Taiwan after the presidential election and Taiwan will work to prevent China from "making trouble" during the transition, a senior Taiwanese security official said on Wednesday (Nov 6).
Read more »
US will continue Taiwan-friendly approach after election, senior Taiwan official saysTaiwan said it will prevent China from “making trouble” during the US government's transition.
Read more »
China threatens Taiwan with more trade measures after denouncing president's speechBEIJING: China is studying further trade measures against Taiwan, the Ministry of Commerce said on Saturday (Oct 12), two days after Beijing slammed a speech by Taiwan President Lai Ching-Te.
Read more »
China threatens Taiwan with more trade measures after denouncing president's speechTaiwan President Lai Ching-te drew anger from China over his Oct 10 keynote national day speech.
Read more »