WASHINGTON, DC/BERKELEY/KYIV – On his recent visit to the United States, Chinese President Xi Jinping encouraged American companies to regard his country as a close trading partner. In fact, US companies should be seeking to move their supply chains and other business away from China – while they still have the time. Through its deliberate and repeated actions, China is heading for an economic showdown with the US.

For many decades, Western governments have........

© Project Syndicate