Carnegie Endowment's Huang Sees Revival of Protectionism

The video discusses China's economic growth supported by rising exports amidst slowing investments. Yukon Huang, an expert on China's economy, highlights the tensions between the US and China, especially regarding trade deficits and potential protectionism. A recent development is the entry of US beef into the Chinese market, which could ease tensions but also has global trade implications.

Who is Yukon Huang and what is his role in the discussion about China's economic development?

• A Chinese government official

• A journalist reporting on international trade

• A trade advisor for the US government

• A senior fellow with the Asia program at the Carnegie Endowment for International Peace

What is President Trump's main concern regarding US-China trade relations?

• Strengthening political ties with China

• Increasing US exports to China

• Improving technological exchange

• Reducing the US trade deficit

What might be a consequence of the increased trade tensions between the US and China?

• An increase in US exports

• A revival of protectionism

• A decrease in global trade

• A stronger US-China alliance

What recent trade development is seen as a positive sign for easing US-China tensions?

• China reducing its export volume

• The US banning Chinese imports

• China increasing tariffs on US goods

• US beef entering the Chinese market

What is a potential global repercussion of China buying more US beef?

• A global beef shortage

• Improved trade relations with Europe

• Reduced beef purchases from Australia and Japan

• Increased beef prices worldwide