The Trump administration’s willingness to push the Chinese harder on trade has struck a bilateral chord. Beijing is listening. So far, so good. Now the question is what the U.S. wants to achieve. Answer: the total destruction of China as a competitor.
That isn't a trade goal, and the demands being made contradict one another. This aim also unnecessarily awakens Beijing’s deepest nationalist fears.
Unsure what to offer next – and convinced that the U.S. effectively persuaded Canada to take an executive at Huawei Technologies Co. hostage – China is falling back on familiar jingoistic strategies and rhetoric. Things are likely to