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The Dangerous Myth The U.S. Is Winning The Trade War With China
By Harry G. Broadman (original source Forbes)
“There’s been a spate of high-profile press headlines and news stories pointing to seeming evidence that the U.S. is winning the trade war with China. Two examples on the economic side suffice: “China Loses Status as World’s Second-Largest Stock Market Amid Trade War with U.S.,” which focused on the fall of the total value of Chinese equity shares being traded compared to those on Japan’s stock market, and “The Chinese Economy Starts to Feel Impact of U.S. Tariffs,” which, in part, pointed to slowing growth of China’s economy.
In the political realm there was this: “As China’s Woes Mount, Xi Jinping Faces Rare Rebuke at Home,” which reported on an unprecedented strikingly transparent paper published by the noted Chinese constitutional scholar, Xu Zhangrun of Tsinghua University, openly expressing his concerns about the “totalitarian” tendencies of Chinese leader Xi Jinping.”
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