Tag: European Union
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Tumbling Evergrande Caged Tech Giants: China Much Desperate More Dangerous
An ancient Chinese stratagem advises military leaders: “Loot a burning house.” The trick is easy and self-explanatory — attack when your opponent is most vulnerable. China has given, this and many other hideous ancient wisdom, paramount importance in the quest for ‘Pax Sinica’. After the 2008-09 financial crisis, Chinese firms ventured out to procure discounted bargains…