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Catherine Rampell: Team Trump should be careful what it wishes for from China

Atlanta • For months, President Trump’s economic advisers have cheered Chinese economic suffering, celebrating every sign of weakness — in stock markets, manufacturing, retail sales, investment — as it surely means China is on the verge of a humiliating capitulation to Trump’s demands.

Now might be a good time to put the schadenfreude to rest. Not (only) because it's a bit gauche; as is becoming increasingly clear, there's also a self-interest reason to stop rooting for the world's second-largest economy to falter. When China sneezes, the rest of the world can catch a cold.

There are multiple avenues through which the U.