China positioned to gain global sway after Trump win
Many countries near China — particularly the Philippines and Malaysia, which were already warming to China before the election, and Australia, which was reported to “seek deals that will benefit it wherever it can” — are likely to be pulled closer to China with the collapse of the U.S.-led Trans-Pacific Partnership. Moreover, protectionist policies from the U.S. may have little effect on China’s economic reach. For example, in steel, American purchases only account for 2.5 percent of Chinese exports.
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Jun 22, 2017