Is Trump the President Who Lost Asia to China?

For at least a decade, developing countries across Asia and Africa have worried about growing dependent on China. They’re concerned about debt traps, coercive policies, and hidden costs that might push their economies toward crisis.

Crisis has come, and that logic has been turned on its head. After six weeks of the US and Israel’s war on Iran and its ensuing counterattacks, it is the countries that bet on Chinese supply chains that are faring better than the ones that trusted Pax Americana.