The days of Chinese double-digit growth are gone. Yet, the analytical separation of economic matters from strategic and military planning is both surprising and illogical. Beijing's capacity to continue building its military power is diminishing much faster than is commonly appreciated.
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US President Donald Trump reacts after signing executive orders imposing tariffs on imported goods in the Rose Garden at the White House on April 2, 2025, in Washington, DC. (Andrew Harnik via Getty Images)