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Front Burner When China and the U.S. fight, who wins?
33 snips
Apr 16, 2025 
David Rennie, a columnist for The Economist and former Beijing correspondent, offers a deep dive into the fraught China-U.S. relationship. He reveals how Chinese officials see Trump as a revolutionary figure while asserting that tariffs will backfire on Americans. Rennie discusses China's confidence in facing U.S. trade actions, their push for de-dollarization, and the significance of the ongoing trade war as a moment of opportunity for China. He also draws intriguing parallels between Trump and Mao, highlighting cultural misconceptions shaping perceptions on both sides.
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US-China Trade War
- The US-China trade relationship is complex and uncertain.
- China's retaliation to US tariffs includes targeted sanctions causing pain for the US.
China's Manufacturing Rise
- China's rise as a manufacturing powerhouse was a gradual process spanning decades.
- It involved attracting foreign investment and prioritizing economic growth.
Economic Leverage
- America buys more from China than vice-versa, giving them leverage.
- However, China can source goods elsewhere, potentially giving them more leverage than assumed.