Why Trump always chickens out on China and the $36 trillion opportunity waiting for NZ

The Wall Street Journal's former China editor says US President Donald Trump has made the 'cardinal mistake' of underestimating China. (Image: Supplied)

Dileepa Fonseka

Tue, 22 Jul 2025

Donald Trump has underestimated China, while others have overestimated the extent to which the Chinese economy relies on exports.Those were two of the key messages from a two-person panel discussion on geopolitics and the Chinese economy, chaired by Air NZ chief executive Greg Foran at the China Business Summit at the Cordis Hotel on Friday.Andy Browne, the Wall Street Journal’s former China Editor, told the audience there was a reason for TACO – Trump Always Chickens Out – and that was largely because the US President ha...

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