Adam Posen, a former Bank of England policymaker and head of the Peterson Institute in Washington, compared Donald Trump’s tariff battle with China to the Vietnam war, suggesting both sides will be stuck in a quagmire without a face-saving exit. Posen likened Trump’s tactics to Presidents Johnson and Nixon in the Vietnam war, who were unable to accept defeat by increasing attacks and refusing to negotiate a real peace, leading to a prolonged conflict.
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UK could target parts of Chinese state under new foreign influence rules
The UK government is contemplating new foreign influence regulations that could target specific elements of China's security apparatus, which are believed to engage in interference activities. This consideration is part of a broader evaluation of the balance between security concerns and the economic benefits of strengthening ties with Beijing. The potential inclusion of these Chinese state entities in the enhanced tier of the foreign influence registration scheme (Firs) reflects ongoing discussions about national security and...
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