China scores again while the Empire plays regime-change games and arrests and jails journalists.
... Beijing’s drive is to configure national champions in virtually every industrial and post-industrial sector, including preeminence in 5G and AI. The crux of the Chinese strategy is not the US but a close relationship with Europe, where opportunities to acquire first-class technology and first-class education are immense. Not to mention that Europe is BRI’s privileged terminal.
Perception is reality. There’s no doubt the Beijing leadership has understood that this EU-China agreement goes a long way to show, especially to its leaders, that they are dealing with a responsible emerging superpower. The contrast with the acrimony and intimidation tactics displayed throughout the US trade war could not be sharper.