Don’t tell Donald Trump, but his pledge to impose 60% tariffs on Chinese goods may help accelerate Xi Jinping’s efforts to move Asia’s biggest economy upmarket in ways Washington never saw coming.
Granted, President Xi has been previewing his buzz-phrase of “new quality productive forces” since at least last September. Though cryptic and a tad ambiguous, Xi’s inner circle has been selling it as the answer to China’s economic future.
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