Trumponomics
How Trump’s Year of Disruption Has Only Helped China
From Europe to Asia, “middle powers” are recalibrating their China policies as growing doubt in US leadership reshapes global trade and geopolitics.
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Donald Trump returned to office promising once again to rein in China’s economic rise. Instead, his first year back has delivered Xi Jinping something close to the opposite: a world more open to Chinese exports, more willing to hedge against Washington and increasingly uncertain about the reliability of the US or its commitments.