TAIPEI (Taiwan News) — U.S. President Donald Trump is set to meet with Chinese leader Xi Jinping during the Group of 20 summit in Argentina this Friday and Saturday (Nov. 30 – Dec. 1) but Taiwan’s Mainland Affairs Council (MAC) is predicting no concrete results from the encounter, according to CNA.
Although Trump is a self-proclaimed “supreme dealmaker”, MAC believe Xi will not be able to offer up any proposals that can fully satisfy the American president. The council says the ongoing trade war is likely to continue.
Representatives from the world’s 20 leading economic polities will join a forum hosted in the Argentinian capital of Buenos Aires this weekend to discuss some of the world’s most pressing current issues, including the digital economy, the future of work, and infrastructure for sustainable development. Trump and his Chinese counterpart are set to discuss their own matters privately alongside the forum.
Taiwan MAC announced the main points of discussion in their fifth advisory committee meeting today.
Members analyzed U.S. actions to control innovative technology exports—a move specifically designed to curb Beijing’s “Made in China 2025” initiative, which hopes to leapfrog China into a hi-tech superpower from its current manufacturing focus. They also looked at plans to move U.S. industrial chains out of the country, and U.S. think tank research on China’s hard power.
The experts concluded that the contradictions of the ongoing trade battle arise from structural issues, and thus Xi Jinping will be unable to propose a plan of action that fully satisfies Trump.
They pointed out that China is currently looking to neighboring countries, including Japan and South Korea, to help make-up for its recent losses and buy more time for developing strategies to counter U.S. impositions. Taiwan ought to continue paying attention to social and economic developments in China, the council said.
As the world witnesses its first global trade war in a long time, the global supply chain is near collapse and industries in all countries are feeling the pressure, including Taiwan.
MAC believes the government should see current affairs as an opportunity for Taiwan to break free of its dependence on Chinese industry links and become a key partner in U.S. “reindustrialization” tactics.