US President Donald Trump’s attempt to model his business leadership style after Chinese leader Xi Jinping has been met with failure. His approach involves borrowing from China’s playbook, such as accepting lower margins and tolerating increased competition.
A recent example of this is Trump’s deal with Nvidia, allowing the company to resume exporting AI chips to China in exchange for a 15% cut on proceeds. This move has sparked debate over sharing sensitive technology with a rival nation.
Meanwhile, innovations in clean energy are gaining momentum worldwide. Despite Trump’s criticism of wind and solar power, entrepreneurs continue to develop new technologies that can create jobs and reduce carbon emissions.
In another area, Italian business leaders are pushing for reform and calling on Prime Minister Giorgia Meloni to speed up the process. The success of a 400-year-old Chinese cough syrup has also caught Western attention, particularly among young shoppers who prefer Nin Jiom Pei Pa Koa over local brands.
Source: https://www.economist.com/business/2025/08/13/trump-wants-to-command-bosses-like-xi-does-he-is-failing