Autocracy over democracy While China’s ruling Communist party is not immune to swings in public opinion, it is less reactive to pressure than the White House, which has already been forced to respond to turmoil in the bond and stock markets and the threat of higher prices. Alfredo Montufar-Helu, head of the China Center at the Conference Board think-tank in New York, noted that Beijing — despite contending with challenges of its own — was entering the trade stand-off with a greater capacity to stimulate its economy in the event of a slowdown.

It also has more levers to manipulate its domestic market, which Chinese authorities watch as an indicator of social stability and economic sentiment. Beijing has intervened heavily in the market in recent weeks, with the “national team” of state institutions driving co-ordinated action to support share prices.

But China’s government is also highly sensitive to displays of public discontent. In late 2022, it lifted its three-year Covid-19 restrictions shortly after protests emerged in major cities.

So China is autocracy and but also responds to public discontent versus responding to the discontent of the bond market. In democracy, the bond market is the people.

Also including some comments on the article because its the Chinese century.

Trump can’t bully the Chinese, they are smarter than him

Capitalism must be eliminated without traces from the world. It is now a perfect time in mankind´s history.