It is not alarmist to see a potential clash between Chinese leaders’ desire to extend their regional power and American leaders’ determination to maintain their Post Cold War role as the world’s policemen.
The austerity policies imposed by Berlin and Brussels are inspired by the (mistaken) idea that the whole euro area may become a export-led economy like Germany.
When the shutdown is over and the victors are proclaimed, remember that narratives and messaging aren’t to thank. They were set to win before this war even started.