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I'm not disagreeing - I think it's important to see China as the undemocratic, illiberal, authoritarian regime that it is. And it is foolish to think that China is interested in a rule-based world order because they believe in the same values many key post-war figures in Europe and the US believed in.

It's that China's economy is heavily dependent on exports - and dependability and the appearance of stability is generally good for trade. Obviously, this is helped by political stability, which means less scope for the kind of outward-facing destructive populisms we see in the US or parts of Europe. But with China's economy in trouble, that might very well change.



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