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The Chinese know that the core reason behind the United States' defeat of the Soviet Union, there were of course others, was getting the Soviet Union to over spend on it's Military. On the face of it the reasoning of the below article seems spot on.
huabinoliver.substack.com
"........The for-profit US military industrial complex will pile in to maximize costs. Those include not only the 5 oligarchs monopolizing arms sales today but new entrants peddling overpriced new solutions such as Anduril and SpaceX. Expect to see more no-bids contracts like the Boeing F-47 program.
As China currently spends less than 1.5% GDP on defense vis-a-vis 3.5% for the US and 2% global average, China can easily afford to up the ante and trigger further military spending from the US. Just as the US bankrupted the USSR to win the Cold war, history is repeating itself and China will force the US to spend its way to defeat. Sun Tzu defined the best war strategy is to win without fighting.
Despite his rhetorics, Trump is solving none of the structural issues facing the US - infrastructure, education, lack of manufacturing competitiveness, overburdened finance. With his insane tariffs, he is bifurcating the world into two camps - the high cost and high barrier US-led west and the low cost low barrier China-led global south..."

China 's strategy to defeat the US - bankrupt it with Trump's help
As Trump rolls out his tariffs on the world on “liberation day”, China watches with glee.
"........The for-profit US military industrial complex will pile in to maximize costs. Those include not only the 5 oligarchs monopolizing arms sales today but new entrants peddling overpriced new solutions such as Anduril and SpaceX. Expect to see more no-bids contracts like the Boeing F-47 program.
As China currently spends less than 1.5% GDP on defense vis-a-vis 3.5% for the US and 2% global average, China can easily afford to up the ante and trigger further military spending from the US. Just as the US bankrupted the USSR to win the Cold war, history is repeating itself and China will force the US to spend its way to defeat. Sun Tzu defined the best war strategy is to win without fighting.
Despite his rhetorics, Trump is solving none of the structural issues facing the US - infrastructure, education, lack of manufacturing competitiveness, overburdened finance. With his insane tariffs, he is bifurcating the world into two camps - the high cost and high barrier US-led west and the low cost low barrier China-led global south..."