"Ivanka Trump’s $100 million apparel line is sewn in Asian countries under a licensing agreement with G-III Apparel Group Inc., which has expanded from making coats in New York’s Garment District to become a manufacturer of global scope," Bloomberg notes. "That method of moving $140 sheath dresses and $80 sweaters means political embarrassment for her father, who has threatened a trade war against China."
"As he’s done for decades, Henry Kissinger is again shuttling between the U.S. and China to defuse tensions, this time as President Xi Jinping tries to figure out how much of President-elect Donald Trump’s China bashing will follow him to the White House."
An analysis of county-level manufacturing employment data and election results, along with international trade statistics, shows that "counties experiencing greater import shocks are the same counties where votes for the Republican presidential candidate jumped more in 2016."
"China extended a warm welcome this week to the incoming United Nations chief, António Guterres, praising the world body and making clear that it wants a greater role there, at a time when Donald J. Trump’s election to the White House has many wondering whether American involvement will recede."
"The impact of Chinese companies investing abroad looks likely to be as big, or bigger, than that of its exports," writes Penelope B. Prime. "If the next administration carries out its campaign promises, then the U.S. may miss out on many of the benefits of foreign investment altogether from China and elsewhere, such as revitalized towns with new jobs and tax-paying businesses."
Top China news for November 21, 2016. Get this daily digest delivered to your inbox by signing up at supchina.com/subscribe.
Trump starts with little multilateral negotiating power and has given “a big push forward” to “China’s alternative system of rules,” writes The New York Times, as “many countries in the developing world still believe prosperity depends on their successful integration into the supply chains that traverse the global economy” — and the new American administration has already rejected that belief.
Top China news for November 17, 2016. Get this daily digest delivered to your inbox by signing up at supchina.com/subscribe.
"Chinese and U.S. commanders on Friday stressed the importance of maintaining military-to-military exchanges under the administration of President-elect Donald Trump, saying they are crucial for building confidence between the two armed forces that remain deeply wary of each other."