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This Is the Trade Conflict Xi Jinping Has Been Waiting For (shared)

By Ilene
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When the Trump administration put huge tariffs on Chinese goods, Xi Jinping was able to go on the offensive.Credit...Eric Lee/The New York Times

For years, the leader of China has planned to make the world dependent on its exports and know-how. But the strategy has costs for his own country.

By David Pierson, NY Times 

Xi Jinping has been preparing for this moment for years.

In April 2020, long before President Trump launched a trade war that would shake the global economy, China’s top leader held a meeting with senior Communist Party officials and laid out his vision for turning the tables on the United States in a confrontation.

Tensions between his government and the first Trump administration had been simmering over an earlier round of tariffs and technology restrictions…

More here >

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