How Deng Xiaoping Solved China’s Trade Problem—and What America Can Learn from Him

A military-industrial strategy for the U.S. and its allies to match China will need to involve three elements:

1. Tariffs and other trade barriers against China , in order to prevent sudden floods of Chinese exports from forcibly deindustrializing other countries.




2. Industrial policy , to maintain and extend manufacturing capacity in democratic nations.

I think the odds favor intensifying trade/economic wars, technology wars, capital wars, and geopolitical wars as China becomes even more competitive and increasingly goes global in these areas.

At the heart of the deterioration of the relationship has been American frustration over trade, especially Chinese theft and forced transfer of American intellectual property as well as Chinese barriers to American exports. There is also concern that China is forging ahead (in no small part because of large government subsidies) in the competition