Will China stick to the phase one trade deal? That depends on whether it fosters stability squib

As the Chinese military classic The Art of War says: “All warfare is based on deception.” Thus, the US-China phase one trade deal will prove to be just a cosmetic act by Beijing. China is feigning trade appeasement to give itself time for structural economic adjustments – its goal is to seize global economic primacy.At a Peking University forum in November, Justin Yifu Lin, former World Bank chief economist and one of China’s key economic advisers, said: “When will the US concede to China’s…
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