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Clash of the superpowers;America vs China - Coggle Diagram
Clash of the superpowers;America vs China
2017 - Donald Trump becomes US President
Both countries compete for global economic dominance, including technology, manufacturing and trade.
The increase in competition meant that costs were increased for companies and consumers, disrupting supply chains.
Showing the effect on the interconnectedness of economies.
the ongoing trade wars created political tension between the two superpowers
Although the trade wars looked like they could be expensive the China and their President remained strong
freedom of navigation exercises by aircraft
China's expanding economy challenges America's position as the worlds leading economic power.
China is challenging the USA as an established superpower
2018 - Trump introduces tariffs (taxes on imported goods) to make Chinese products more expensive.
President Xi Jinping responds by placing tariffs on American products, agriculture goods in particular
America imports large quantities of manufactured goods from China
creating a US trade deficit
Both countries use trade, investment and tariffs to hold influence
Large navel parades were conducted by China, largest ever by Chinese
Took place in the South China Sea, shipping corridor, China was building artificial islands to back up its claims on the area.
Wanted a modernised military by 2025, world class by 2049, displacing USA
Belt and road initiative was delivered in a way highlighting how it will be done the way China wants it to be.
telecommunications were monitored
The UK government has banned Huawei 5G equipment from national telecom networks due to security concerns linked to its ties with China
trade agreements were made on large scales close to election dates