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Andrew Batson — Is state ownership turning into a core interest for China?

Summary:
Is the Trump administration's policy toward China having the opposite effect and strengthening the hardline opposition and increasing populist nationalism, as well as preventing a mutually satisfactory solution in that any solution acceptable to the US would be seen in China as an unthinkable humiliation and loss of face? How not to negotiate 101? Which is unfortunately why it is now seems hard to be optimistic about the politics on either side. What seems to be happening is not only a decoupling of Chimerica, but also a bifurcation between the East and West-Global North and South, effectively ending neoliberal globalization without war. In fact, there is a lot of evidence to suggest that war has already commenced although kinetic warfare is as yet limited. Andrew Batson's BlogIs state

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Is the Trump administration's policy toward China having the opposite effect and strengthening the hardline opposition and increasing populist nationalism, as well as preventing a mutually satisfactory solution in that any solution acceptable to the US would be seen in China as an unthinkable humiliation and loss of face? How not to negotiate 101?
Which is unfortunately why it is now seems hard to be optimistic about the politics on either side.
What seems to be happening is not only a decoupling of Chimerica, but also a bifurcation between the East and West-Global North and South, effectively ending neoliberal globalization without war. In fact, there is a lot of evidence to suggest that war has already commenced although kinetic warfare is as yet limited.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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