And neither side (China or US) imo understands the other. The US political capital conglomerates have, apparently, no understanding of social value, and the Chinese Communist Party has no understanding of the recursive Love-Me numbers that rule the minds of the US financial markets.
The 'rational' win-lose estimations of game theory are less illuminating when each player thinks that they are in a different game, but I think they will govern play anyway.
The other interesting factor that will play a part is the wildcard of dollar-based oil trading. In a one dimensional view, the insatiable energy demand of China is satisfied more cheaply as the dollar goes down. You can't be me, I'm taken
the Chinese Communist Party has no understanding of the recursive Love-Me numbers that rule the minds of the US financial markets.
