Saturday, June 01, 2019

In The News (1)



Trump’s biggest mistake in US-China trade war: not realising the Chinese will never genuflect again China’s leaders know full well that the so-called trade war is not just about buying more soybeans or Boeing aircraft, or agreeing to a trading concession here and a compliance there. The US is demanding nothing less than having China submit to its will and give up its lead in certain cutting-edge technologies and industries. Beijing sees that as a bid to colonise China by another name and has called it out as such through its media. ....... proponents of American hegemony have decided that it is now or never to take China down while it is still vulnerable....... For the Americans, it is either doubling down or coming around, however reluctantly, to accepting that China will never cave in and that working out an arrangement in which both countries can cooperate as well as compete without disrupting the entire global economy and order is the next best option.





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