Donald Trump’s tariff turmoil has now turned into a ‘game of brinkmanship’ between the world’s two largest economies, and Australia may be caught in the crossfire.

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25 COMMENTS

  1. It's NOT Sky News,it has always been Sky Right Wing Fascism Opinion ! Trump can ONLY be stopped with alliances against him, even between those with political oposites, I would rather team up with China SHORT TERM to defeat Trump than go weekly along because we are too weak to say NO to the USA. As to the economy grow, 8 years ago ONE Australian dollar would buy US1-10 ..today about 60 cents! That tells more !

  2. China has more agricultural/industrial/commercial robots than the rest of the world combined, 10 times the US does. It's leading in many other critical technologies too. The only real things the US has left is advanced chip design (not even manufacturing without Taiwan) and some of the pharmaceuticals. It’s not even leading in the research and application of nuclear technology (not quantity but quality) and genetic engineering on many degrees compared to China. In non-critical areas China is also at the forefront, highways, bridges, tunnels, car making, ship building, the construction and manufacturing of many other types of projects. While California may be still struggling in their high speed rail to be hopefully completed sooner than later anyway, China's two-thirds of the world's bullet trains most operating at 250~380km/h (155~236 mph) are the safest in the world and almost never late since more than a decade ago. Just an example, a very QUICK AND SIMPLE EXAMPLE

  3. There are so many indicators that suggest at what pace economic activity has continued to expand and block traders tend to know them better. For total size, Bureau of Economic Analysis uses the expenditure approach to calculate GDP (nominal), which tends to result in a larger figure than that from what National Bureau of Statistics of China uses the production approach. In terms of the more scientific GDP (PPP) understanding of the real sizes, the US has the second largest economy in the world, around 75~80% the size of China's economy. If they both use the same method, it's hard to say which country's GDP (nominal) is larger, but the GDP (PPP) figures would likely be around 1 : 2 if not even worse. Just an example, a very QUICK AND SIMPLE EXAMPLE

  4. The Chinese have the most modern space station out of the two space stations.
    The Chinese Beidou (MEO & GEO satellites) is much more advanced, resilient to disruptions and better than the American GPS (MEO satellites – the ones we use every day) in almost every way.
    The Chinese Mars missions are set to return Mars samples to Earth in just a few years, potentially beating the American Mars missions on this by years.
    Just an example, a very QUICK AND SIMPLE EXAMPLE

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