SOURCE: http://www.wyzxwk.com/Article/guofang/2019/05/402950.html
TRANSLATION FROM CHINESE TO ENGLISH ROUGHLY:
“Today, China is fighting two wars on one battlefield with the U.S. a composite of economic and military conflicts, Trump will first take China’s money and then take our lives.”
China’s hardliners are calling for a war of attrition, in which China outlasts its rivals, even at the cost of global trade. The idea is attractive among those who believe the country’s one-party system and control over its most significant monetary and financial levers would allow it to beat the U.S. in a game of chicken.
That's their biggest weakness that can be exploited because all business decisions are made politically for staying in power. Centralized data collection and planning by administrative bureaucrats never works. It's surprising the number of economists that think China has a big advantage with the groupthink one party control.
India, Vietnam and scores of other countries are more than willing and increasingly capable to pick up the slack.
They should ask the USSR how well that worked out for them. Of course, we can not stay the course if Trump cannot win reelection. China has already announced they will be working to defeat him in 2020.