Brief

The article argues that Chinese President Xi Jinping stands apart from other global strongmen like Putin and Netanyahu, who have been politically weakened by engaging in war. While leaders such as Trump, Orban, Putin, and Netanyahu were once grouped as "strongmen," the author contends that their reliance on military conflict has led to international condemnation and diminished global standing. In contrast, Xi's approach of avoiding war is presented as a strategy that preserves China's strength and international position. AI

Soumaya Keynes and Chad Bown have released a new book, "How to Win a Trade War," offering a historical framework for understanding U.S.-China trade relations. The book argues that the U.S. is ill-equipped to handle the current economic rivalry with China, particularly regarding industrial policy. Keynes and Bown highlight China's success in dominating markets like electric vehicles through a combination of R&D funding and state-directed demand, contrasting it with U.S. approaches like the CHIPS Act, which they argue lacked sufficient demand-side support. AI