One China

The global rivalry between the two world powers (the USA and the PRC) is multi-faceted in nature. But recently, it has manifested itself especially acutely and most noticeably in the sphere of bilateral trade.
The frenzy created by global media outlets about this subject within the context of the Sino–US relations is understandable, as the state of world economy will, to a great extent, depend on the direction the trade war between the United States and China will take.

A front page of a Chinese newspaper with a photo of U.S. President-elect Donald Trump and the headline “Outsider counter attack” is displayed at a newsstand in Beijing, (AP/Ng Han Guan)
WASHINGTON — Upon his “surprise” victory in November, international leaders expressed mixed feelings over the realization that Donald Trump would serve as the next president of the United States.