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‘Eating Bitterness’: China Is Set up to Outlast Trump’s America

China has 1.5 billion barrels in strategic reserves and 6 trillion dollars in usable foreign exchange, giving Beijing more room to absorb oil shocks, analysts said.

Donald Trump goes to Beijing badly needing Chinese help to extricate himself from a quagmire that threatens to destroy his presidency and is entirely of his own making.

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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, May 12, 2026.
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