China Communications Intelligence today:
1. US-China trade is booming
2. Commerce adds Elizabeth Economy as a US-China advisor to Secretary Raimondo
3. US and China head into first talks in months
4. Biden to nominate Caroline Kennedy as US ambassador to Australia
5. China criticized NBC Universal for showing an "incomplete map" during the opening ceremony
For all the 'decoupling' rhetoric, US-China trade is booming: Fortune reports, For all the talk of deepening tensions between the United States and China, there is one area where relations appear to be business-as-usual: trade. Official Chinese data show that bilateral trade between the two countries surged in 2021, with China's exports to and imports from the United States reaching $46.9 billion and $14.3 billion in June, respectively.
Commerce boosts its China firepower by hiring Xi Jinping scholar Elizabeth Economy as an advisor to Secretary Raimondo: WSJ reports that the US Department of Commerce plans to hire Elizabeth Economy, a Hoover Institution and Council on Foreign Relations expert adviser to Secretary Gina Raimondo.
Economy is not a fan of China.
Here latest book: The Third Revolution: Xi Jinping and the New Chinese State.
Think Navarro with better blue blood credentials.
The US-China relationship management business has plenty of scholars involved, but for me, not enough practitioners.
I don't see this appointment as a positive for global commerce and international business.
As always, when it comes to US-China, it will be interesting to watch.
The US and China head into first talks in months: Wendy Sherman, US deputy secretary of state, landed in China this weekend, as Beijing imposed sanctions on seven Americans, in a tit-for-tat blow that illustrated the dismal state of US-China relations.
Sherman will tell China in upcoming talks that while Washington welcomes competition, there needs to be a level playing field and guardrails to ensure ties do not veer into conflict.
Ahead of the talks, Foreign Minister Wang Yi criticized Washington for thinking it is 'superior' and says it needs to learn how to treat others equally.
Talks of any kind are positive, but down expect rainbows and unicorns as an outcome.
Biden to nominate Caroline Kennedy as U.S. ambassador to Australia: Showing the importance of allies and the Indo-Pacific, President Joe Biden plans to nominate Caroline Kennedy, daughter of the late President John F. Kennedy, as US ambassador to Australia. Kennedy previously served as US ambassador to Japan under Democratic former President Barack Obama.
China criticized NBC Universal for showing an "incomplete map" of the country in its broadcast of the opening ceremony of the Tokyo Olympics after a map displayed during the arrival of Chinese athletes included neither Taiwan nor the South China Sea.
One should assume NBC will not have an 'incomplete map' for the Beijing Winter Games broadcast.
Also, the Beijing Winter Games will be like no other Olympics we have seen.
China Communications Intelligence is actionable insights + global political trends for senior corporate communications executives.
