A long trade war could threaten Communist Party legitimacy

By Don Pittis · CBC News

Looming U.S. election offers China short-term clout but it faces long-term dangers

Image: Thomas Peter/Reuters

Young people dress up to to celebrate the spirit of the Long March in the mountains of China's Jiangxi province. Chinese President Xi Jinping invoked the 1934 event as an analogy for winning its trade war with the U.S.

If Canada did not have so much at stake in the U.S.-China trade battle, it might be fun just to rubberneck from the sidelines.

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