With Donald Trump returning to the White House, US-China relations are set to grow more tense. Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, noted in a HKEJ interview that Trump’s hawkish cabinet may escalate pressure on China in trade, technology, and geopolitics. China must strengthen alliances and boost domestic demand, while Hong Kong needs to uphold its role as a “bridge between East and West.”
A Global Shift: “One Globe, Two Systems”
Prof. Tang highlighted that the world is entering the “One Globe, Two Systems” era, where the US-led technological ecosystem competes with China’s independent system. Trump’s policies may accelerate decoupling in AI and semiconductors. China must bolster self-reliance, restructure supply chains, and deepen ties with Europe and ASEAN, while Trump’s isolationist stance may weaken US alliances, offering China new opportunities.
14 Nov 2024
Faculty