How do we solve a problem like China?

News Snapshot:

At last week’s State of the Union, President Biden addressed China — the elephant in the room — reiterating his view that “we want competition with China, but not conflict.” “For years, all I’ve heard from my Republican friends and so many others is that China’s on the rise and America is falling behind,” said Biden. “They’ve got it backward. America is rising.” But if you listen to Chinese President Xi Jinping, you hear the opposite: “the East is rising, and the West is declining.” So, who is right? One piece of evidence that China is struggling is the huge...