Dec 21, 2024 – 12.00pm

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I just spent a week in Beijing and Shanghai, meeting with Chinese officials, economists and entrepreneurs, and let me get right to the point: while we were sleeping China took a great leap forward in high-tech manufacturing of everything.

If no one has told Donald Trump, then I will: his nickname on Chinese social media today is “Chuan Jianguo” – meaning “Trump the (Chinese) Nation Builder” – because of how his relentless China-bashing and tariffs during his first term as president lit a fire under Beijing to double down on its efforts to gain global supremacy in electric cars, robots and rare materials, and to become as independent of America’s markets and tools as possible.

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