Australia’s trade clash with China is a lesson in what Beijing’s power really means

Imagine for a moment the view from Beijing. It looks something like this.

The Chinese Communist Party has overseen an economic miracle. In three decades it has taken a country that once could not feed itself and turned it into an economic powerhouse.

More than half a billion people have been lifted out of the poverty. The world has never seen anything like it.

And the Party says China has been good for the world.

It is now the biggest engine of global economic growth. By the end of the decade it most likely…