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.

In what ways has the COVID-19 pandemic affected Hong Kong's economy according to the text?

What is the significance of maintaining the phase one trade deal between the US and China?

How does the speaker suggest both countries should approach trade negotiations moving forward?