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Adrian Blundell-Wignall

Now it’s China on the losing side in the art of the trade war

China’s ancient military sage would not be impressed with how Beijing has been playing the modern game of trade strategy.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” (Sun Tzu, The Art of War)

As China ramps up the threat of military conflict in the Taiwan Strait and disputed islands, and the economic intimidation of countries like Australia, there are signs the West is waking up.

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Adrian Blundell-Wignall writes on the world economy and is a former director of the OECD. He is currently in Paris.

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    Original URL: https://www.afr.com/policy/economy/now-it-s-china-on-the-losing-side-in-the-art-of-the-trade-war-20230528-p5dbuh