While we only get news of trade imbalances between US and China to include all their tariffs and restrictions can someone for the EU or elsewhere chime in with how their nations fare?
Reminds me of a lot of corporations. “This doesn’t make sense but it’s policy”. Never mind that they wrote the policy themselves.
Yeah I've heard that plenty over here in the US.
China's, or better said Liu He's, stance is "we will not do anything if it has chance to blew into Xi Jinping's face"
Xi brandished how he tames "capitalist tigers" by wholly appropriating the credit for the trade deal. Now he is being made to look stupid with a single twiter post.
It is likely he will not touch the talks personally out of fear for more embarrassment
Liu He might be only a fourth vice premier in line, but only one Xi has personal ties to.
In Western democracies, if you lose political power at worst you get indicted (and usually pardoned). Half of the country still likes you.
In China, you face serious prison time, your family's assets are seized, you're expelled from politics, and media runs a solid month of anti-you propaganda.
Harsh consequences for what many times is a roll of the dice.
https://news.ycombinator.com/newsguidelines.html
p.s. Could you please not routinely create accounts? That's not allowed here, except for occasionally when posting sensitive information. For more information on this, I've posted a bunch about it: https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme...