China
China is bracing for a trade war. Mr. Trump has pledged to impose a blanket tariff on Chinese exports, which Beijing has been relying on to offset the weak state of its economy.
Few in China expect improved relations with the United States, which are already contentious. Mr. Trump, during his first term, adopted a confrontational approach toward China, imposing tariffs, restricting Chinese technology companies and deepening ties with Taiwan, the self-governing island claimed by Beijing.
Mr. Trump is widely regarded around the world as a transactional leader. But Chinese officials told me privately they expect to hav
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