Insight: Will A New Cold War Emerge Between US And China?

Published on September 6, 2020 by

The simmering tensions between the US and China have reached a boiling point during the coronavirus pandemic. In rapidly evolving global dynamics, the Trump administration officially pulled the plug on US funding of the World Trade Organisation (WTO) criticising the organisation for being too friendly with China and for providing cover for Beijing in the wake of its mishandling of the COVID-19 outbreak. As the two largest economies of the world get openly hostile and indulge in a war of words, what’s at stake goes beyond implications to trade dispute. Will the confrontational policy of the US towards China continue beyond the US Presidential election in November? Could this be the beginning of a new Cold War? Are the US-China relations edging to a point of no return?

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