Question

SA 5: Economics and Globalization Assignment: Focus on US-China Trade War. Answer the following questions. Maximum words per answer: 100

1. Below are two contrasting quotes. Who do you agree with? Why? (Be specific and provide evidence, quantitative/qualitative support for your answer).
   
   “We don’t need China and, frankly, would be better off without them.” President Donald Trump, Tweet, August 23, 2019.
   “I think the next 10 years, next 20 years, next 30 years, whatever your time horizon, is going to be defined by these two countries—China and the United States—creating more interdependence, not less,” Satya Nadella, Microsoft CEO, May 17, 2018.

Answer 1

I agree with Satya Nadella quote because even what US is saying about no need of China still US knows that they need China. The only thing US wants is bring China under control as it turning itself into a super power. Like US China is also a developed country and the supplier of different varieties of goods to different countries at a very cost. If there are no goods from Chinese market most of the other countries market will have very large impact and infact it may collapse. Even US imports most of its goods and many other materials from China. So US is dependent on China and Chinese market is also dependent of US imports. Irrespective of what political statements they make about each other they both are Super power and interdependence is there and will be more in future as Satya Nadella said.