China

Slippery slopes: why no-one will be talking about trade at Davos

Dr. Rebecca Harding CEO Coriolis Technologies 20th January 2020 As the world’s leaders gather in Davos, there is a sigh of geoeconomic relief going around the world. A phase one trade deal between the US and China was struck on January 15 and US and European stock markets had their best week since August as a result. UK businesses meanwhile were given a resound ticking off by the chancellor, Sajid Javid, at the weekend, who essentially said: “Brexit is happening,…

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Choose your weapon: why the G20 foreign ministers will be talking about trade

Dr. Rebecca Harding CEO, Coriolis Technologies  18th November 2019   The G20 foreign ministers will do well to brush up on game theory ahead of their meeting in Japan on 22nd November. Trade is now viewed as an integral part of national security: China and the US, and Russia, are using it as means to coerce, influence and dominate as they always have, but increasingly with a strategic focus. It has become the weapon of choice in a power struggle…

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Quick take: Trump takes on Turkey ?

Turkeys largest imports by Nation President Trump threatened on Monday to “obliterate” Turkey’s economy if the country goes “off limits”. This comes after he tweeted his decision to withdraw US troops from northern Syria, effectively giving Turkey the green light to attack the Kurdish fighters that the Erdogan regime views as terrorists. Imposing sanctions would likely push Turkey yet closer to Russia and China, its first and third largest sources of imports ahead of the US, which comes in fifth.…

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From chess to Go: the US and China are heading towards a war of attrition

Dr. Rebecca Harding CEO, Coriolis Technologies 7th October 2019 Make no mistake, the trade war is a real thing. But it is being used as a proxy by China and the US to fight a bigger battle – one that transcends the orthodox definitions of hard and soft power, to one that incorporates sharp power – influence over finance, information, ideas, and even thoughts and behaviours. It is a fight for control of the new digital paradigm. Take last week…

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Did you see the gorilla? The how and the why of gaming trade

Rebecca Harding CEO Coriolis Technologies Over the past two years, the notion that trade has been weaponised has become mainstream thinking. Its weaponisation is rhetorical – we have seen a marked increase in the belligerent language associated with trade. Between the middle of 2017 and the end of 2018, Donald Trump used the word “win” in tweet about trade disputes one in every four days, for example. This is dangerous for the multilateralism that the world has relied on since…

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