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Growing nationalism in China could embolden Xi Jinping, says ex-US ambassador

Growing nationalism in China could embolden Xi Jinping, says ex-US ambassador

A former U.S. ambassador to China, Max Baucus, told CNBC: “Don’t forget ... Chinese (are) very patient historically, they’ll wait it out, they’ll play lots of different angles. They’re going to try to hang in there, waiting for President Trump to come to them.” A sense of nationalism is growing in China, and that could bolster support for those hoping to wait out the trade dispute with the U.S. There are also trust issues between China and the U.S. as Beijing perceives Trump as unpredictable, said Baucus.
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