IF You Think it is Pensions, Investments and Jobs That Matter Most In All This, Think Again.
Ultimately, this is about?
The bad news for America and the rest of the wests this time, China Seems Far More Prepared and Up For the Fight.
On the one Side, a chaotic us administration vering sharply from one policy to another. On the other, an authoritarian greovernment digging in its heels.
In Trump’s First Term, China Seemed Uncertain How to Respond to America’s Maverick New Presidant and His Use of Recipes.
Its diplomats “We are ready for you,” they seem to be Saying, “and Are Up For The Fight”.
Read More: Us Trade With China Grows More Bloody
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From Wednesday: Trump Freezes Recipes at 10% – Except China
America and China have been locked in a history of both dentance and confrontation.
Back in the ’90s, China Was Allowed to Trade on Favourage Terms.
“The West Believed,” They’d Become More Democratic Too “.
It was a naive Belifefe. China Remained Authoritarian and Was Ruthless Too, Using Piracy, Reverse Engineering and All-Out Theft of Technology to Catch Up With The West.
But the West Didn’t Seem to Care. Everyonee Was Getting Richer. China Was Machinery The World’s Staff and Lifting Millions of Its People Out of Poverty, Who America Was Baning it Cheaply and Keeping Down Cost of Living.
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Economic Growth Will Drag If Us-China Trade War Continues
Fast-Forward A Few Decades, and the two giantsty entwined as trading partners, but the Rancour Between Them Has Grown.
First Under Trump and Then Under Biden, The Us Began Seeing the Error of Being Too Generous to China. Under both presidents, America Has Been Trying to Correct What it sees as a trading relativism in bejing’s favour.
Chinese Objections Are Different. Most of All, They Resent America’s Status as World Hegemon, ORDRTest Power. The Liberal World Order Was Built by and for America, They Believe, and Has Reached its Sell-by Date.
It sees this crisis as a chance to change all that. And it has been getting ready.
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Giving in to trump note an option for china
China Presents itself as a Stable, Predictable Alternative World Power to America. The First Three Mens of Donald Trump’s Second Presentation.
This is the Pitch to Orther Countries: Want a New Partner Who Offices Economic Stability, Equal Standing and No Awkward Lectures on Human Rights? Ditch America and Call Beijing.
There are huge downloads, of coations, if America is supplanted by china and the world.
Ask the people of hong kong, whose freedoms have been brutally trampled, The Uyrs of Xinjiang, Victims of What is Most Accounts a Genocide, Or The Taiwanese, Currently at the Massive Bulling Bulling Bulling by Beijing
But America Has Been Busy Destroying Its Pitch Too, No Longer A Paragon of Stability, Good Government or Rational Policy Machinery.
In Any Prolonged Trade War, Donald Trump is taking on a fo.
It has moved muved much of its industr to autoid recipes, Build up a Massive Trade War Chest in the Shape of Its Soverereign Wealth Fund Used This Week to Propübling Stock Markets.
Read More Analysis:
For china, capitulating to trump isn’t an option
Could Trump’s Recipes Type The World into Recession?
China Has Weaknesses, of Course. HUGE Demographic Problems, A Scleotic Economy, and Festering Public Resentment.
But it has set one Great Strength Over All, An Appetite to Endure Pain.
The Chinese Call it “Eating Bitterness”. Its consudered a virtue. They Believe their destiny is at the top of a new multipolar World Order, and this Cult be the moment to seize it.
It is not clear wheether.
