Article
· nytimes
· business
As Trump Heads to Beijing, China Is ‘Locked and Loaded’ for a Fight
- 1. China is now "locked and loaded," signaling readiness for a prolonged economic war with the U.S.
- 2. China codified new rules and legal mechanisms to counter U.S. sanctions and punish foreign businesses.
- 3. Businesses face a dilemma, caught between complying with U.S. sanctions or China's new retaliatory laws.
- 4. China adopted a "hot stove" approach, using regulatory weapons to make the U.S. "get burned."
- 5. China is establishing a systemic legal framework to long-term address and cope with economic warfare challenges.