Americans and Europeans share many concerns about China’s version of state capitalism
moments during a recent gathering of Americans, Chinese and Europeans, invited to Stockholm to discuss China’s rise and the new world order, when Chaguan wondered whether anyone would say anything cheerful. At last, halfway through two days of doomy talk about trade wars and some scratchy exchanges about whether Westerners have a right to criticise China’s leaders, a Chinese participant sounded an optimistic note.
Interviewed on the forum’s sidelines, a senior Trump administration official insisted that trade negotiators were still focused on making China mend its ways. But the official argued that failure to achieve that would prove America’s point about the limits of engagement with China’s leadership: “Assuming that China digs its heels in and refuses to do any structural reforms, the entire world will be more aware of China’s strategy and behaviour.
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