Trump pulls trigger on China trade war

The transcript discusses China's economic challenges and its need to adapt to global trade dynamics, particularly with the US as the consumer of last resort. It highlights the importance of careful engagement in trade wars and China's internal reforms under Xi Jinping's leadership. The discussion also touches on China's strategic balancing act between implementing reforms and managing trade relations.

What is the potential risk for China in engaging in a trade war with the US?

• Strengthening its domestic market

• Challenging the consumer of last resort

• Facing economic isolation

• Losing its status as a global leader

What significant event is mentioned as influencing China's internal political landscape?

• The 19th National Congress

• The Shanghai Cooperation Organization

• The 20th National Congress

• The Belt and Road Initiative

How has Mr. Xingping's position changed in recent years?

• He has less control over the government

• He has focused solely on economic growth

• He has gained full control

• He has become more reliant on external allies

What external factor is mentioned as a justification for China's reforms?

• International trade agreements

• Rising domestic inflation

• An external enemy

• Global economic downturn

What strategy might China adopt to balance reform and damage control?

• Finding a middle way

• Aggressive expansion into new markets

• Complete economic isolation

• Total reliance on foreign investments