Daniel Ten Kate: Carney’s trade deal with China could be just the start. UK Prime Minister Keir Starmer, whose government this week approved a new Chinese embassy in a historic London building, will meet with Xi in Beijing next week. German Chancellor Friedrich Merz is set to follow next month.
Call it the Donroe Paradox: As Trump looks to establish a sphere of influence to keep China out of the Western Hemisphere, he’s only bolstering the prestige of Xi across the globe. And even as Beijing pursues its own self-reliance — a trait many US allies are now seeking to emulate — more and more of the world is discovering that at least some dependence on China is necessary to hedge against America…