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China Cheats


China cheats.  This is a fundamental fact all have learned.  In the trade talks they are loath to give up all their forms of cheating, from assuming foreign corporate ownership, to hacking for information and innovation, to lying about economic data, to usurious borrowing to corrupt countries. 
China not only cheats, but they love to cheat and need to cheat.  They cheat even when they don’t have to. For their leaders, cheating is akin to an addiction. It’s virtually genetic.
I believe the power brokers in China, especially Xi Jinping, will be unable to agree to any deal that stops cheating altogether. One approach the US trade negotiations could do is make an agreement with that allows them some cheating, but subtly controls it efficacy.  

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