>I think that by the end of whatever _that_ is, China comes out on top from a game theory perspective.
The trade war has already been causing manufacturers to consider the wisdom of their supply chain strategies. China is currently an export driven economy trying to transition to a domestic consumption led economy but hasn't done so yet. Anything that leads manufacturers to put more of their capacity near their large markets in Europe and the US is very bad strategically for China right now.
This is a disaster for China if it causes a manufacturing shift out of China before they have made a consumer transition.
The trade war has already been causing manufacturers to consider the wisdom of their supply chain strategies. China is currently an export driven economy trying to transition to a domestic consumption led economy but hasn't done so yet. Anything that leads manufacturers to put more of their capacity near their large markets in Europe and the US is very bad strategically for China right now.
This is a disaster for China if it causes a manufacturing shift out of China before they have made a consumer transition.