FILE – An American flag is flown next to the Chinese national emblem during a welcome ceremony at the Great Hall of the People in Beijing, Nov. 9, 2017.
BEIJING/HONG KONG —
After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery rhetoric with force, resulting in a trade war that plunged ties between the globe\’s largest economies to multiyear lows.
This time around, Beijing has been preparing for Trump\’s return by deepening ties with allies, boosting self-reliance in tech, and setting aside money to prop up the economy that is now more vulnerable to fresh tariffs already threatened by Trump.
Reuters
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