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Topic - Peter Thai Larsen
China's leaders are gleeful that the chronic crises emanating out of Washington helps elevate China in the world's eye as a much-needed source of stability while furthering Beijing's goal of posing an alternative to a U.S.-centric world economy.
"With the U.S. seemingly pointing the gun at its foot and getting ready to pull the trigger" every year or so now, "that could play into China's hands," said Peter Thai Larsen, analyst with Reuters Breakingviews. "There are opportunities for China to show itself as being a stronger and more responsible"
"All of this will advance that agenda," he said, referring to the shutdown and deadlock that shook markets around the world in the past two weeks.