If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in other contexts. The goal in every negotiation is to find mutually beneficial outcomes. The tactics may be different, but the tensions in the Sino-American relationship, Taiwan, Tehran and trade to mention just three, are no different under Trump than under Biden.  The U.S. is not unique in finding China’s state directed economy and production capacity a major economic concern. Amongst other Chinese trading partners, the U.S. is unique in t...