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How Trump handed the global economy to China

Of all the spin coming from a flailing and desperate Donald Trump administration, the idea China wants Joe Biden to win the White House is the silliest.

Xi Jinping’s China is benefiting from four years of Trumpian chaos as much as – or more than – any other world power.

Sure, Vladimir Putin’s Russia and Kim Jong Un’s North Korea are plenty happy about their own wins. But Trump’s presidency awarded Xi the ultimate prize: the future of the global economy.

This week, Xi’s Communist Party is reminding global investors why. Whereas Trump’s strategy since 2017 has been tackling China, Xi’s team has not lost its focus, and has kept building new economic muscle and limbering up for “Made in China 2025” and beyond.

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