From Taiwan to trade, China braces for more rivalry as Trump declares victory

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From Taiwan to trade, China braces for more rivalry as Trump declares victory
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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.

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