Cold War II In a sign that President Trump is not going to be able to leverage a trade agreement out of China, Beijing issued notice that it will not yield to U.S. demands even with maximum pressure from Washington. This is the strength of a Marxist economy, and it is perhaps helped by a falling value in the yuan. The Soviet Union was able to resist the West for four decades and still maintains its antipathy toward liberalized democracies. Nonetheless, the protests this week in Hong Kong remind that civil liberties are culturally infectious, and perhaps instead of more tariffs, the U.S. should work harder to attract Chinese investment and immigration to highlight its preferable human condition. China will be comforted by Russia and the up...

TAGS – China, North America, Russia