China Global: Trump and Xi see off the storm – for the moment
10 Feb 2017
- Yesterday’s telephone call between the two Presidents defuses the immediate danger of a breakdown in US-China relations and is positive for global reflation.
- But the longer-term prospect of confrontation remains; one telephone call does not dissolve political and strategic risks.
- The Trump administration is taking time to assess its strategy while Beijing will see its policy as being vindicated.