How should the west deal with China?

It has been a problem for centuries and it has evolved and is now in front of us.

Donald Trump (Donald Trump) under the leadership of the United States seemed determined to change the condition of trade with China, while China itself to explore how to use his new position - by some measures, China is already the world's largest economy.

The problem for politicians is also troubling investors.

The question was raised at a recent meeting in Hong Kong, and I had the privilege of attending the meeting.

CLSA, which hosts the conference, is an influential Hong Kong brokerage that is now owned by the Chinese government-controlled Citic Securities.

At last several days of meeting, the speaker of both the Greek left-wing agitators, former Treasury secretary and the loch, lu Keith (Yanis Varoufakis), also have the right-wing demagogue Steve Bannon (Steve Bannon), who is behind the trump "Svengali" (Svengali, 19th century British writer George du Murray's "terri er than the characters in the novel, using hypnosis in control of the heroine).

In varoufakis's view, China has become an exemplary "citizen of the world".

Twice in the past decade a crisis - the outbreak of the global financial crisis at the end of 2008, and at the end of 2015 the yuan after the sudden devaluation caused global panic - China is doing its duty, implementation of a massive fiscal stimulus, helping to boost in other parts of the world economy.

In the meantime, the west has pumped a lot of liquidity into the world, but little has been done to create jobs and boost economic growth.