In Beijing, springtime warmth has begun to draw queues to restaurants that offer al-fresco dining; trendy shopping districts are growing more crowded. Mr Jia, a 36-year-old investor, says he is not bothered by America’s tariffs.
Standing outside his friend’s cupcake shop, he says Donald Trump’s levies are a sign that America feels threatened by China’s rise. America’s power is declining, he says. “To be honest, what you feel in today’s world is that hegemony is very hard to achieve.”
