America’s superpower panic
History suggests that a global superpower in relative decline should aim for a soft landing. By contrast, US President Donald Trump's incoherent, confrontational approach toward China could seriously damage America’s long-term interests
Global superpowers have always found it painful to acknowledge their relative decline and deal with fast-rising challengers. Today, the United States finds itself in this situation with regard to China. A century and a half ago, imperial Britain faced a similar competitive threat from America. And in the seventeenth century, the Dutch Republic was the superpower and England the challenger.
History suggests that the global superpower should aim for a soft landing, including by engaging...
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