We Are in a Downward Spiral with U.S.-China Relations, Says Asia Society Policy Institute VP

The video discusses the deteriorating US-China relations, focusing on recent trade tensions and potential US responses to China's policies, including the national security bill in Hong Kong. It highlights the impact on Hong Kong's business environment and the importance of maintaining the phase one trade deal. The discussion also covers China's economic stimulus measures in response to COVID-19 and the global recession.

What recent action by the US has contributed to the current trade tensions with China?

• Imposing sanctions on Russia

• Signing a new trade deal with Japan

• Delisting Chinese companies from US exchanges

• Increasing tariffs on European goods

What is the US administration considering in response to China's actions in Hong Kong?

• Increasing tariffs on European goods

• Imposing sanctions that affect only China

• Signing a new trade deal with Japan

• Taking actions that balance impacts on China, Hong Kong, and US businesses

What challenge does the US face in imposing sanctions related to Hong Kong?

• Balancing sanctions with increased tariffs

• Finding support from European allies

• Avoiding conflict with Japan

• Ensuring sanctions do not harm US businesses

How are businesses reacting to the changing environment in Hong Kong?

• They are all leaving Hong Kong immediately

• They are unaffected by the changes

• They are expanding their operations in Hong Kong

• Some are diversifying their operations to other locations

What is crucial for both the US and China regarding their trade relationship?

• Increasing tariffs on each other's goods

• Imposing sanctions on Russia

• Maintaining the phase one trade deal

• Signing a new trade deal with Japan

What is China's current focus in its economic stimulus efforts?

• Internal support for businesses through tax breaks

• Large-scale global infrastructure projects

• Expanding its military presence

• Increasing tariffs on US goods

What impact has COVID-19 had on the phase one trade deal?

• It has led to the cancellation of the trade deal

• It has made it difficult for China to meet purchasing targets

• It has had no impact on the trade deal

• It has made the purchasing targets easier to achieve