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  • Why Xi Wants Trump to Win

    12/05/2023 2:33:13 PM PST · by Dr. Marten · 28 replies
    MSN ^ | 12.05.2023 | Michael Schuman
    Editor’s Note: This article is part of “If Trump Wins,” a project considering what Donald Trump might do if reelected in 2024.After four years of Joe Biden, China’s leaders would likely be relieved to have Donald Trump back in the White House.
  • Zero COVID Has Outlived Its Usefulness. Here’s Why China Is Still Enforcing It.

    09/09/2022 5:44:27 PM PDT · by nickcarraway · 16 replies
    The Atlantic ^ | SEPTEMBER 9, 2022 | Michael Schuman
    The Communist Party’s real priority is protecting itself, not the public.The world has moved on from the coronavirus pandemic—except for China. Chinese leaders continue to lock down some of the country’s largest cities, spend millions of dollars on testing, and hunt down individual case after individual case. Nothing—neither a sinking economy nor the availability of vaccines and improved treatments nor the country’s growing isolation—has persuaded the leadership to change course. The latest wave of lockdowns has largely confined millions to their homes: Just two of those lockdowns, involving the southwestern metropolis of Chengdu and the tech hub of Shenzhen, affected...
  • South Korea Raised Taxes in Bid for Growth. So Far, It’s Not Working.

    01/10/2019 4:27:17 PM PST · by Theoria · 21 replies
    The New York Times ^ | 09 Jan 2019 | Michael Schuman
    In contrast to President Trump, President Moon Jae-in of South Korea has embraced a pro-labor program of higher wages and taxes. The early results have been discouraging. As President Trump leads a drive to slash taxes and pare back regulation, one major economy is taking a different approach. Under President Moon Jae-in, South Korea has raised taxes and the minimum wage in the name of economic growth. So far, it hasn’t worked out as planned. Growth has slowed, unemployment has risen and small-business owners like Moon Seung are complaining. Mr. Moon, founder of an auto parts maker called Dasung in...