President Donald Trump’s handling of the trade relationship with China poses a threat both to the US and to the world economy — but even his harshest critics agree with him on one thing. China’s bid to dominate the high-tech industries of the future often bends or breaks the rules of liberal international commerce, and needs to be checked.
What’s important, and what this administration finds so difficult, is to be smart about it.
Through its “Made in China 2025” blueprint and assorted plans and directives, China’s government aims to move the country up the manufacturing value chain and dominate