The new rules proposed by Xi Jinping and expressed by the BRI’s political economic practices are exactly what the best American patriots fought for, Matthew Ehret argues.
There is one other question the West as a whole must face. The E.C.’s “strategic outlook” terms China “a systemic rival promoting alternative forms of governance.” There are two problems with this commonly sounded theme.
The world which Xi envisions is wholly incompatible with Washington’s priorities. Xi is not only more powerful than any predecessor other than Mao, he knows it, and intends to make his mark on world history.
Xi pledged to lower imported car tariffs this year, and open up further the financial and insurance industries, which indirectly address complaints by Washington in the simmering trade spat.