Image: Xi Jin-ping, nicknamed Winnie the Pooh (although to his displeasure), a bit flattened by his economic and geopolitical missteps of late.

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Fraser Howie, co-author of Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise, in re: Buenos Aires. Will there be reason to give thanks after BA? No, few thanks to be given – the trade war or tariff issues are only part of a much bigger conflict. We thought WTO accession would bring China into a fairer system, but China just gamed that. Around the world a lot of capitals are really frustrated but said nothing; Trump broke the dam, and now [many nations are speaking up]. Singapore is 20 x 40 miles; highly dependent on having many friends. The model of the last 40 years is fundamentally changing, Asia just doesn't know what to do. In 2017 the Trump Adm was trying to accommodate Beijing, but China pushed too far. . . Xi has taken China down a very authoritarian road; depends on how he winds thing back over years. Filipinos bear signs, XI GO HOME. China seems to be tone-deaf. China seems to say, “We’re big and you’re small so we’ll do whatever we want.” But it doesn't work that way. The Chinese foreign minister actually said that! China is very bad at playing a soft-power relationship. Bureaucrats on the ground in China not only are unfair to foreigners, they treat their compatriots badly.

https://asia.nikkei.com/Economy/Trade-War/China-blames-excuses-for-lack-of-agreement-at-APEC

https://www.scmp.com/economy/china-economy/article/2174232/all-eyes-buenos-aires-beijing-and-washington-hammer-out