Stalin
Well-Known Member
- Joined
- Apr 4, 2008
- Messages
- 3,024
China has prepared for the current act of war for many years.
"..On the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was a large incentive for China to do precisely nothing as Donald Trump displayed his determination to lose friends and induce market panic. Indeed, the Chinese advocates of passivity cited a social media meme attributed to President Xi Jinping: “Do nothing. Win.”
Initially it was tempting for China to sit back and watch the US’s former allies recoil at Trump’s disruptive war on globalisation and let them realise that, by comparison, China represented an oasis of stability, modernity and predictability.
China instead decided to be far from idle. It foresaw and prepped for this trade war, probably more so than for Trump’s first term, and decided that if the US president imposed on China the kind of tariffs he had suggested on the campaign trail, it would have to mount a counterattack. China insisted its wider-than-expected and swiftly executed package of reprisals, initially set at 34% but increased to 84% in response to Trump’s tariffs, was a justifiable retaliation.
Chinese workers making MAGA caps - what a hypocrite frump is...
comrade stalin
beijing
"..On the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was a large incentive for China to do precisely nothing as Donald Trump displayed his determination to lose friends and induce market panic. Indeed, the Chinese advocates of passivity cited a social media meme attributed to President Xi Jinping: “Do nothing. Win.”
Initially it was tempting for China to sit back and watch the US’s former allies recoil at Trump’s disruptive war on globalisation and let them realise that, by comparison, China represented an oasis of stability, modernity and predictability.
China instead decided to be far from idle. It foresaw and prepped for this trade war, probably more so than for Trump’s first term, and decided that if the US president imposed on China the kind of tariffs he had suggested on the campaign trail, it would have to mount a counterattack. China insisted its wider-than-expected and swiftly executed package of reprisals, initially set at 34% but increased to 84% in response to Trump’s tariffs, was a justifiable retaliation.
Will Trump’s tariff chaos be China’s gain in global trade wars?
As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunities
www.theguardian.com
Chinese workers making MAGA caps - what a hypocrite frump is...
comrade stalin
beijing
