The next US president and beyond

Watch closely the US' new normal'

Randal Phillips [China Daily]

For the "new normal" seen in China under President Xi Jinping's leadership, you get a bigger "new normal" in the global economy that the US is following.

No matter what trend plays out globally, there is a lot of dissatisfaction with the system that made a lot of people feel left behind by globalization. Issues such as trade rules, investment and the environment do exist, but governments have not responded to them. A lot of change is going on that is quite destructive.

Usually, what a candidate says and does before and after election are two different things. It could be a tale of two Trumps when it comes to what his presidency will mean for China. When it comes to strategy, the US seems to offer China a number of things that it could face itself later. If Trump imposes 45 percent tariff on Chinese imports, as he said during the presidential campaign, the US could face similar tariff on its exports to China, leading to a destructive trade and investment environment. This "new normal" should be watched more closely.

When it comes to the environment, we want the two countries to become greener. They should also become wealthier and stronger by following the global rules we all accept. They have not yet done that, but we hope they will.

Randal Phillips, vice-chairman of American Chamber of Commerce in China