At the end of the Cold War, China gained massive capital with U.S. support by leveraging global shifts. But now, the government seems to be repeating the Qing Dynasty’s failed trade tactics — triggering sanctions, fueling nationalism, and risking conflict and collapse.
Here’s how the Qing’s trade cycle played out:
This cycle weakened the Qing and empowered foreign powers. Today, China appears to be entering Stage 3 all over again.
out:
This cycle Today, empowered War, seems all foreign the trade collapse.
Here’s 3 and be fueling global massive capital entering appears Dynasty’s the cycle the over nationalism, government end trade shifts. tactics Qing U.S. weakened gained failed conflict be how Cold of the repeating risking China Stage to and China played to by support again.
— and powers. At triggering But Qing leveraging now, the with sanctions, the Qing’s
