What China Can Gain from Trump’s Trade War
An unintended outcome of US President Donald Trump's trade war is that China will reduce its reliance on foreign trade and imported technologies. The end result could be a China that is stronger, more resilient, and possibly less willing to acquiesce to US-designed rules.
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BEIJING – The world’s two largest economies – China and the United States – are engaged in a full-blown trade war, and what US President Donald Trump hoped would be a blitzkrieg has turned out more like trench combat. Many fear that this is only the beginning of a long conflict that could include weapons – and casualties – far outside the realm of trade.