Geraci has been interviewed by Italian RaiNews to discuss the impact of Trump on Chinese economic development. On the margin, he believes Trump’s presidency will be slightly positive for China. On one hand, Trump has made a promise to raise tariffs for imports from China into the U.S. But Geraci points out that one thing is the rhetoric used during the election period and one other thing is what the President will do afterwards. Obviously he needs to take care of the mid-western voters, people who are particularly hit by the economic recession, and he needs to show he is doing something to help them, without affecting the relationship with China too much.
Forecast: “Sanders may be part of Trump’s cabinet, whether in official capacity or not”. From Democrat Sanders’s official website: “To the degree that Mr.Trump is serious about pursuing policies that improve the lives of working families in this country, I and other progressives are prepared to work with him. To the degree that he pursues racist, sexist, xenophobic and anti-environment policies, we will vigorously oppose him.”
Mr Trump’s advisers have suggested the Fed’s ultra-stimulative policies are unfair by penalising savers and have led to unequal implications for different segments of society. During the campaign Mr Trump was ferociously critical of Janet Yellen, the Fed chair, for her low-rates policies, but she is not expected to resign before her term expires in 2018
Geraci told Sputnik radio that the victory of Donald Trump leaves Obama’s “pivot to Asia” policy in question. It seems safe to describe the mass upswell of support for the unconventional Trump as a loud cry to change business as usual.
Geraci, controversially, had anticipated Trumps victory. Is this good news for China or bad news? Geraci reassures that in fact, Trump’s victory is marginally good news for China because US will need to collaborate with China for improving their domestic infrastructure.
Geraci on IlSole/Radiocor plays down China’s interests for US election outcome:“No matter who wins, China will continue on its own path – a difficult one – towards innovation and high end manufacturing. Paradoxically, should Trump take the White House and really impose restrictions on Chinese imports, this would only accelerate China’s transformation.”
Geraci was a guest for Al Jazeera TV to discuss Mao’s legacy in today’s China. He thinks today’s China is totally different from China in 1950. China is today 70% capitalist and 30% socialist. He divides Chinese people into two groups. The older people and the younger people. The people who are older have benefits from the last thirty year’s economic reform. They do have memory, but they don’t think much about Mao. The people who are younger have never suffered as they parents and grandparents did, so they are also not very interested in knowing what happing in the past. He divides Chinese people into two groups. The older people and the younger people. The people who are older have benefits from the last thirty year’s economic reform. They do have memory, but they don’t think much about Mao. The people who are younger have never suffered as they parents and grandparents did, so they are also not very interested in knowing what happing in the past.
The relationship between India and China is very sensitive. G20 will provide a platform for Xi and Modi to discuss about current issues. Contradiction between China and India is prominent. India worried about the cooperation between China and Pakistan, which is threatening the Kashmir controversy in India and Pakistan. China is concerned about military increasing cooperation between India and America. But China and India still have lots of common purposes in G20 in coping with structural reform, climate change, and anti-terrorism. G20 is still a great opportunity for two countries to discuss discrepancies.