I don't know; time will tell. But it seems like China 🇨🇳 is overplaying a poor hand.
I understand that they don’t want to appear weak on the world stage, but their moves are obvious, and they could end up hurting China more than the U.S.
One could argue that the U.S. is misplaying its hand, which is a valid point. However, it can also be said that the U.S. has a stronger position and doesn’t seem to be “playing” at all. They appear to be focused on getting better deals or engaging in a trade war, with no middle ground in sight.
Its amazing to watch this play out in real-time. It’s a live view at our future History and Economic books.

