Part 4/9:
Zion emphasizes that China must navigate these challenges by ensuring strict adherence to party authority, mandating increased productivity, and maintaining open export markets to sustain economic activity.
Trump’s Perception of China
Zion transitions to Trump’s viewpoint, noting the president-elect’s fixation on the U.S. trade deficit. This myopic lens on trade leads Trump to believe he can negotiate favorable agreements with China. However, the Chinese leadership is not particularly worried about Trump's ambitions. Their past experiences have shown them that Trump’s negotiation tactics often lack enforceable follow-through, allowing them to sidestep commitments made during discussions, such as those in the Phase One Trade Deal.