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In China, trade war fears stoke new criticism over the country’s direction
"Last year, a prominent Chinese economist declared that his country had shed its status as a mere emerging superpower and ascended to a position of unchallenged supremacy. China, Tsinghua University’s Hu Angang said, eclipsed U.S. economic power in 2013 and surpassed American technological might in 2015."
….blimey, when did that happen? Fake news - Chinese edition?
"The architect of at least some of the upheaval appears to be Mr. Trump, whose unyielding pursuit of tariffs has raised worries that China is being driven into a trade war it cannot win – and that part of the blame lies with Beijing for adopting a domineering posture that is now provoking global reprisal."
The President says trade wars are easy to win.
"Even the financial markets offered a symbolic portent on Friday of Beijing’s changing circumstances, after Japan’s stock-market value overtook that of China for the first time since 2014."
Does that mean Japan is coming back as the #2 economy?
"In Pakistan, meanwhile, China has been accused of 'reckless lending.' Myanmar is moving to vastly diminish the size of a port project backed by Chinese money over debt concerns, Reuters reported this week."
….what? Muslims and military dictators aren't bending over for money?
“Far from a rejuvenated hegemon poised to reshape the global economy, Xi’s China has been exposed as a giant with feet of clay.”
...from some Chinese bloke in California.
"Mr. Xi 'retains power as the No. 1, but his authority has been severely dented,' Mr. Lam said. 'That means the degree to which people respect him as a worthy leader of China.'"
...from some Chinese bloke in Hong Kong.
"Last year, a prominent Chinese economist declared that his country had shed its status as a mere emerging superpower and ascended to a position of unchallenged supremacy. China, Tsinghua University’s Hu Angang said, eclipsed U.S. economic power in 2013 and surpassed American technological might in 2015."
….blimey, when did that happen? Fake news - Chinese edition?
"The architect of at least some of the upheaval appears to be Mr. Trump, whose unyielding pursuit of tariffs has raised worries that China is being driven into a trade war it cannot win – and that part of the blame lies with Beijing for adopting a domineering posture that is now provoking global reprisal."
The President says trade wars are easy to win.
"Even the financial markets offered a symbolic portent on Friday of Beijing’s changing circumstances, after Japan’s stock-market value overtook that of China for the first time since 2014."
Does that mean Japan is coming back as the #2 economy?
"In Pakistan, meanwhile, China has been accused of 'reckless lending.' Myanmar is moving to vastly diminish the size of a port project backed by Chinese money over debt concerns, Reuters reported this week."
….what? Muslims and military dictators aren't bending over for money?
“Far from a rejuvenated hegemon poised to reshape the global economy, Xi’s China has been exposed as a giant with feet of clay.”
...from some Chinese bloke in California.
"Mr. Xi 'retains power as the No. 1, but his authority has been severely dented,' Mr. Lam said. 'That means the degree to which people respect him as a worthy leader of China.'"
...from some Chinese bloke in Hong Kong.