An eloquent, well written essay by Prof Zhang Jun, dean, School of Economics, Fudan U, Shanghai, on why China is the victim and needs more time to reform.

His arguments include: is pro global supply chain, preserving global stability, free markets, has shown restraint. China believes in capitalist markets but needs more time. The should relax tariffs and export restrictions.

In other words: status quo. Keep everything the same, be patient.

Not this time.

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