Via Alan Kohler today:
An alliance of the American military establishment and Republican trade hawks wants to break up the connections that have become embedded between US companies and China, as part of an attempt to prevent China gaining economic, geopolitical and technological predominance.
…Beijing is digging in, settling in for a long siege because they believe – rightly in my view – that America’s aim is not to simply persuade them to change its trade policies, but to slow and possibly reverse China’s ascent.
