KEY TAKEAWAYS
- Entering 2018, Chinese President Xi Jinping appeared to be charting a very new path not only for China but for himself.
- China has floated, at various points over the past two years, increasing purchases of American goods by $200 billion to $1 trillion.
- If Xi is worried about domestic stability, he likely cannot pass along tariff-induced rises in food prices to the consumer (at least not in full). READ MORE
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