The new Trump administration is set to have a hawkish posture toward China, with nominees as Rubio and Waltz, but Elon Musk may manage to have it strike a softer tone. In China, only more power to the premier, Li Qiang, and to the State Council, as it was at the Hu-Wen era, may create the return to confidence in big and small investors. That said, we are entering a new world order with a US administration set to be unpredictable and not shy of taking geopolitical risks. Will it come to the US or Chinese benefit, it's not so hard to say: strained is the fabric of the US alliance system, even one week before Trump takes office.

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