America Must Face Reality on China
For all the economic rivalry and political disagreement between the United States and China, a catastrophic outcome is unlikely, so long as the US faces reality in three ways. Above all, Americans should recognize that trying to defeat or contain China economically will not solve their problems at home.
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BEIJING – The agreement in Buenos Aires last December between US President Donald Trump and his Chinese counterpart, Xi Jinping, led many to assume that the two countries’ trade war would soon be over. Although such optimism is misplaced, so are fears of a global economic meltdown caused by a rupture in US-China relations.