Queensberry Rules don't apply.

They pretend to be strong leaders but are actually very fearful, wrote W Pesek. China does not allow internet companies like Facebook, Google and Sype to operate. "This gets at one of the great paradoxes of today's China: If Xi Jinping is the strongest leader since Mao Zedong, why is he so afraid of letting entrepreneurs use the technologies at the centre of global innovation?" Is he? Xi Jinping is blatantly blocking foreign companies from doing business in China while helping Chinese companies to take over rivals in other countries. Thus, ride-hailing taxi service Uber was forced to sell out to its Chinese partner, Didi Chuxing which is now planning to take the fight to Uber in Europe and in the US. There is no respect for intellectual property rights in China, so foreign companies cannot compete against cheaper imitations of their own products. Amazon can sell almost nothing in China, while Alibaba has become the largest retailer in the world, overtaking Walmart in April 2016, with operations in 200 countries and a market capitalization of $486.27 billion. Foreign companies are now being forced to accept party committees to supervise their operations, which means revealing all their trade, innovation and operation secrets. Not bad for a coward. In scathing criticism of Trump, Pesek wrote, "A self-described tough guy who tells it like it is, Trump is cowering under the bed to avoid a global financial landscape he doesn't understand." "Yet, rather than compete in an increasingly dynamic and steadily levelling playing field, Trump is taking America's toys home." It does not take a genius to understand a negative trade balance of $347 billion with China last year. The playing field is definitely not level. Apart from trade restrictions, intellectual property theft and open counterfeiting, China manipulates its currency to swamp the US with its goods. The US is the largest market in the world with retail sales expected to be around $5 trillion this year, half of China's GDP. Clearly, without the US market China's economy would crumble. So, why is Trump "cowering under the bed"? Because those Americans who are making money from China trade are taking China's side, because they can keep their money outside the US to avoid paying taxes back home. Rubbing salt into US wounds Xi Jinping lectured the US on the values of globalization. Globalization has benefited a few people, who have become very rich, but Trump is being obstructed from taking action. It was this widening inequality that propelled Trump to the White House. If someone is using brass knuckles, you don't use Queensberry Rules. It is common sense.