Opinion: Who wins a trade war? China

Business & Technology

While โ€œTrump will cause some disruption in the short term,โ€ the โ€œnationalist upsurge heโ€™s inspired will ultimately serve Chinaโ€™s, not Americaโ€™s, economic interests,โ€ writes Michael Schuman. โ€œIn reality, the China that Trump has been bashing โ€” the one that โ€˜stealsโ€™ jobs with unfair practices and cheap labor โ€” no longer exists,โ€ and Trumpโ€™s policies may aid rather than hamper Chinaโ€™s goals of cultivating national champion companies and expanding economic influence in Asia.