China is looking after their own interests, but they absolutely don't want their largest export market to struggle. The global economy is not a zero-sum game, and the idea that it might be is the root of many of our policy issues in the US.
China is looking after their own interests, but they absolutely don't want their largest export market to struggle. The global economy is not a zero-sum game, and the idea that it might be is the root of many of our policy issues in the US.
Chinas interests today are a US with reduced power and a global economy more focused on China.
Someone loses power for someone else to gain. It’s literally the definition of a zero sum game? China targets areas it thinks it can win and dominate in the future.
Bringing "power" into the conversation is a whole different layer of complexity which I was not addressing. I was speaking about economics, which is in no way a zero sum game. Economic activity creates value.