BEIJING -- When the U.S. and China entered a 90-day truce to a trade war that had rattled global markets for the past month, Hu Xijin, a former editor-in-chief of China's state newspaper Global Times, was quick to declare the winner.
Trump tariffs
China's rare-earth gambit with Trump echoes Mao's 'protracted war'
Global Times commentator hails tariff deal as 'huge victory' for Beijing
China's strategy to wait for the U.S. to seek out tariff talks draws on a theory of waiting out the enemy developed by Mao Zedong. © Reuters
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