COLUMNS
A Decisive Moment for China Draws Nigh
Aug 22, 2019 | 09:00 GMT
(SIMON SONG/South China Morning Post via Getty Images)
Highlights
- Following this year's annual gathering of political elites in Beidaihe, China’s response to the ongoing protests in Hong Kong, as well as the next phase of its trade war with the United States, could soon take shape.
- China's tougher stance in trade negotiations is likely an attempt by its leaders to appear strong against Washington — the country's most formidable external threat for the foreseeable future.
- That approach risks drawing even more U.S. trade salvos, which could further damage China's already slowing economy and increase the likelihood of social instability in the country's wealthier coastal and urban areas.
- Domestic economic and political unease will compel China to further solidify control over its buffer regions, a driver that could tempt Beijing to directly intervene in Hong Kong's political crisis.
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