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Are we in a new Cold War with China?

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Today the US officially pulled out of the WHO as an insult to China. We cut off the special privileges we gave Hong Kong and now include Hong Kong in all China sanctions and tariffs. We also basically directly accused them of spreading the virus to us and the entire world.

From my point of view, this really seems like the first day of an official Cold War with China. What do you guys think?

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