Donald Trump proclaims that trade wars are “good” and “easy to win”. But if he leads the United States into a conflict with China, no more than a Pyrrhic victory could be expected.The reality is that a trade war would hurt both economies.

BEIJING — China’s recent constitutional amendment eliminating the term limits for the president and vice president has left much of the West aghast. Critics fear the emergence of a new and unaccountable dictatorship, with President Xi Jinping becoming “Chairman Mao 2.0”.

China exports more to the United States than the US exports to China. That makes US President Donald Trump furious — so furious, in fact, that he may be willing to start a trade war over it.Trump has levelled tough protectionist threats against China.

The announcement in October, 2015 that China is terminating its one-child policy marks the end of a 37-year historical aberration that has accelerated the country’s demographic ageing by decades.The social and economic consequences of the authorities’ drastic population controls,

Chinese Prime Minister Li Keqiang recently cited job creation as vital to his country’s “ultimate goal of stability in growth”.His observation could not be more accurate.