Yes. US President Donald Trump is the best thing happened to China since sliced bread.

China wants to turn their economy from an investment-driven, infrastructure-building, export-oriented economy to a consumption-driven innovation economy.

Due to the trade war that USA puts on Chinese export, China is forced to consume more domestically and rely less on exports.

Trump also wants USA stop supplying critical hi-tech components to Chinese industry.

This will force China to be self-reliant in hi-tech sooner than planned.

The story of how China producing indigenous chips to replace Intel products for their super computers, or building their own space station as a result of US forbidding China to use ISS, will be repeated in all industrial segments in coming years.

China wants to make their currency RMB a world reserve currency. Donald Trump is also helping China to accelerate this goal.

His sanctions toward many countries such as Iran, Venezuela will force them to use RMB instead of USD as their foreign reserve. Russia also has plans to replace USD with RMB.

-Quora Digest

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