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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: Elroy Jetson11/26/2019 6:40:01 PM
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“Trump is a businessman. We can just pay him money and the problems will be solved,” said a politically connected person in Beijing, speaking on the condition of anonymity to talk frankly about sensitive international issues. “As long as we have money, we can buy him. That’s the reason why we prefer him to Republicans or Democrats.”

Trump’s unfiltered tweets help China in negotiations because he is “easy to read,” said Long Yongtu, a former vice minister of foreign trade and China’s point man during its accession to the World Trade Organization in 2001, at a conference in Shenzhen this month. “We want Trump to be reelected; we would be glad to see that happen.”

Another influential voice in Beijing, Tsinghua University international relations professor Yan Xuetong, wrote recently that, thanks to Trump, China was facing “the best strategic opportunity” since the Cold War.

“Trump has undermined the U.S.-led alliance system, which has improved China's international environment,” Yan said in Southern Review.

Chinese leaders also acknowledge underestimating the extent to which China’s behavior has become a bipartisan concern in Washington, according to people who have met with senior officials.

Best to deal with a man who just wants money.”
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