Commentary: China is playing the long game on trade. It’s working
Entertainment
Beijing is using the Mao-era strategy of “protracted war” to buy time with Washington, says Karishma Vaswani for Bloomberg Opinion. SINGAPORE: President Donald Trump’s trade war was meant to rebalance global power in America’s favour. Instead, China is playing the long game, enduring short-term economic pain to shape any eventual deal to its advantage. The strategy appears to be working – for now. On Monday (Aug 11), Washington granted Beijing another 90-day reprieve , extending a pause on
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