Top line: Trump’s front foot enters Beijing, drums and music herald a lavish banquet, yet in the end cannot undo fifty years of old China–U.S. entanglements


Bottom line: Putin’s rear foot arrives in China, lamps and tea fall silent and the communiqué is settled, yet still prolongs more than a hundred years of lingering red misfortune
Written on the eve of the sharp drop in A-shares after the China–Russia joint communiqué…
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