Two weeks ago, I quoted Mark Twain: ¡°History does not repeat itself but sometimes it rhymes.¡±

Although history may look like it repeats, in fact, it does not. Historical analogies, however, may help us appreciate the true meaning of current events from a new perspective so that we can get a better sense of the direction we are actually headed in.

I also stated in my column that China in the 2020s is making a series of serious strategic mistakes similar to the ones Japan made in the 1930s. A Chinese friend of mine rebutted my argument. He said, ¡°The Chinese people are much smarter than the Japanese and Beijing will never make such stupid mistakes.¡± I sincerely hope he is right.