I am not surprise the author of this article is a Chinese American. Minxin Pei just likes Gordon Chang. From his perspective, China should have collapsed at least a dozen times.
The problem with these people, one problem is they do not understand the world.
When they spend their whole life around the confines of the ivory tower, they do not know what the situation is like on the ground for the peasants.
That practical experience of survival, that is unknown to them, and hence, they have no idea of what they are talking about.
What is an economic boom in the United States? Anything above 3% is more or less a boom in America. China will be growing around 5% for 10-15 years, almost for another generation.
When there is a boom like that, there are always more new opportunities created for the peasants on the ground. If a company losses some business here, the boom will create more business later (immediately or relatively soon) via another customer.
That is inevitable and that is just how the world works. Notice that this article is an instant replay of the pros and cons of the US-China trade war, which the effects were expected to be minimal, and the outcome was minimal to the reverse of expectations.
There is no reason to expect it to be different this time, but that is what the article writer is saying. That it will be different this time because America and the EU will be in this together.
How will this work? Since the Americans and Europeans are in this together to confront China, how will China growth rate not be 5% for the next 10-15 years?
That is the part they will never explain, because 1) it is a secret strategy, or 2) this is basically bad propaganda, or 3) they flat bullshitting because they live in an ivory tower and do not know how the world works.
That is why we keep reading these kinds of articles because maybe one day someone figures out point #1) and we have something new.
