Nixon was right to gamble on China, despite what many in Washington think today

Feb 18, 2022 | INVESTING

With China currently the only country capable of unseating America as the leading global power, many in Washington may wish that US president Richard Nixon had never made his historic trip to China 50 years ago this month.In their revisionist narrative, it was Nixon’s meeting with Communist Party of China chairman Mao Zedong, and the policy of engagement it initiated, that helped make China an economic superpower and a geopolitical threat to America. For these critics, the Nixon visit, far from…

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