The key to China is in the US.

While markets are puzzled about Donald Trump they are optimistic about Xi Jinping, wrote William Pesek. "Xi, the bulls say, just built a new economic dream team to rein in duelling bubbles in credit, debt, property, pollution and corruption." "The Trump trade has always been cloaked in Faustian cynicism." "The bet on Xi is far more earnest." "Yet where's the progress on curbing shadow-banking intemperance or reducing public debt accumulation? How far has Xi really gotten curtailing inefficient  state-owned enterprises, increasing transparency or creating clearer lines between public and private sectors? It's fair to wonder too how far Xi can get in the next five years. protecting the root of all financial evil: a 6.5% growth target." Xi Jinping has earned praise for strict action against corrupt officials. A Chinese watchdog said that 1.34 million officials have been punished for graft. But, strong leaders love corruption, wrote Prof K Basu. "It is not hard to see that for such leaders, nothing is as advantageous as pervasive corruption. When that happens, it becomes easy for the leader to silence dissent and encourage public display of loyalty. This is because when there is pervasive corruption, the leader has the option of arresting almost anyone on corruption charges." "The ubiquity of corruption gives a political leader a leash to curb dissent without having to openly say that he or she is curbing dissent." If Trump uses higher tariffs as leverage in trade discussions he may get concessions from the Chinese but a tariff war will hurt both the US and China, wrote N Smith. China has a devastating weapon against the US, wrote M Schuman, which is a boycott of US products. Walmart may talk about supply chains allowing it to import cheap products from China, which help the poor in the US, but it has been forced to close its stores in China. Amazon has not been successful in China, whereas Alibaba, a Chinese online retailer, is spreading easily to many countries. US technology companies, like Google, Facebook and Uber, thrive in India but are not allowed to enter China. Walmart and Amazon are competing to acquire Indian online retailer, Flipkart. To take on China it is important to understand that "the rise of China, the rise of globalization and the rise of finance since the 1980s are interlinked phenomena", wrote VA Nageswaran. Wall Street has become a Trojan Horse for China. At some point it is going to be China versus the rest of the world, said M Every. Half the US seems to want impeachment of Donald Trump. Have they all been bought by China?