Te-Ping Chen, a Beijing-based reporter for the Wall Street Journal, notes that Chinese media are gleefully mocking Trump for doing such an abrupt 180 on an issue that was one of the staples of his 2016 presidential campaign -- in fact, Trump had originally vowed to officially label China a currency manipulator on the first day of his presidency."Eating his words!" reads one headline, as translated by Chen."Trump slaps self in face, again," reads another.
“Trump lost his first fight with Xi and he will be looked at as a paper tiger,” said Shi Yinhong, a professor of international relations at Renmin University of China, in Beijing, and an adviser to China’s State Council. “This will be interpreted in China as a great success, achieved by Xi’s approach of dealing with him.”Mr. Trump’s reversal on Taiwan is likely to reinforce the views of those in China who see him as merely the latest American president to come into office talking tough on China, only to bend eventually to economic reality and adopt more cooperative policies. That could mean more difficult negotiations with Beijing on trade, North Korea and other issues. […]American leadership was damaged by Mr. Trump staking out a position and then stepping back, said Hugh White, a professor of strategic studies at the Australian National University and the author of “The China Choice,” a book that argues that the United States should share power in the Pacific region with China.