We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

NK nukes and 'business logic'

24 0 0
19.02.2019

By Lee Seong-hyon

Through social media, a Korean friend of mine working in China in the financial sector asked me about how the second DPRK-U.S. summit and the U.S.-China trade war, respectively, will unfold and what are the likely outcomes. He added that the financial market was acting "as if both the U.S.-China trade war and the DPRK-U.S. negotiation were already resolved."

The trade war between the world's two largest economies will undergo a cycle of "temporary compromise and deterioration," then compromise, and then again deterioration, while the overall Sino-U.S. relations will take a "downward trajectory," I said.

In the case of the second DPRK-U.S. summit, the "lesson learned" from the criticisms spurred by the Singapore summit last year will goad the two parties to yield a "modest but tangible outcome." President Trump will use it to declare the summit as "his victory" for the domestic audience. However, the Washington elite and the U.S. think tank community will roundly view the summit as "insufficient."
After articulating my predictions, I emphasized they were entirely "my personal views." I was on the up and up. My friend said "Got it!" and attached a smiling emoticon.

Though the North Korean nuclear issue and the financial market........

© The Korea Times