Business environment rises to higher level

Washington has tried to justify its trade war against China as a noble crusade to better improve the latter's business practices and business environment. But it has been unable to pull the wool over people's eyes, since it is clear that its tariffs are simply intended to blow China's doors open for a smash-and-grab.

While its geligniting of trade has failed in that larcenous endeavor, it has served Washington's purported purpose since it has accelerated the upgrading of China's economy and the accompanying improvement of its business environment that was already under way.

In the World Bank Group's Doing Business 2020 study, an annual project evaluating countries' business environment for small and medium-sized enterprises, China for a second year found itself among the top 10 countries where the business climate has improved the most.