Shifting trade alliances could strengthen Beijing’s position, since China wins whenever the US vacates policy space, Jason Oxman, President & CEO of Washington DC-based Information Technology Industry Council (ITI) told ET.
Crediting the recent warming of Indo-China diplomatic and trade relations, to policies adopted by the United States, Oxman said Washington DC is effectively pushing away its allies.
This is the challenge of the current Trump administration’s approach to trade. We are pushing our allies away from us. You can see it in EU-China…
