Is China winning the geopolitical game?
Trump’s boorish behaviour towards other countries allows Chinese leaders to act as the responsible adults in the room.
China clearly wants to assume the mantle of being the defender of multilateralism and free trade, and the linchpin of a stable world order.
The reality is more complex.
Eswar Prasad professor at Cornell University, senior fellow at Brookings, and author of ‘The Doom Loop’
Financial Times February 16, 2026
https://www.ft.com/content/9784d307-f0d0-4c1e-b81a-0f89b426c1dc
So what’s a doom loop?
https://englundmacro.blogspot.com/2022/04/so-whats-doom-loop.html

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