Bloomberg has good article today that I largely agree with:
In recent weeks, prominent academics have begun to question if China’s slowing, trade-dependent economy can withstand a sustained attack from Trump, which is already started to weigh on stock prices…Yu Zhi, an economic professor from Shanghai University of Finance and Economics, questioned the wisdom of a more assertive foreign policy in a recent article published in Singapore’s Lianhe Zaobao newspaper.
“Has China completed the task of ‘getting rich’? Has China completed the primary stage of socialism as Deng Xiaoping described? Can you begin to compete directly with the United States and other Western countries?” Yu wrote. “China should rethink its general strategic direction.”
