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Saturday, June 15, 2024

A Watershed Moment!

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Graham Perry
Graham Perry
Experienced Arbitration Lawyer | China & Chinese Business Affairs | Public Speaker/Lecturer.

Today in UK, influential FT columnist, Rana Foroohar makes a significant concession re China. “The West isn’t going to reshape China”

Since 1949 the West, has focused on weaning China away from the founding ideal of the Party to build socialism. The US has tried different strategies. None have worked – political/military confrontation, tried to isolate China, academic attempts to introduce “human rights” norms, trade and tariff assaults + fundamental mis-representations.

In truth, China has grown in confidence/achievement. The Party remains in control – its people remain contented.

Trump went head-to-head + lost. Biden will try a new way – first, to try to grow the US at home with more education, more infrastructure, more high-growth technologies. Second, to try to re-build alliances with Europe/Far East + match China’s worldwide Belt+Road Initiative.

Can the US succeed? Two problems; first Trump (with 74m votes) lurks in the margins preparing for a comeback. Second, can the US bounce back economically + politically?

Tomorrow – The US prepares for War.

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