Writers like Michael Pillsbury, who enjoys access to the President, as well as Libby and others are based at the think tank. Vice President Mike Pence delivered a major hardline China policy speech in late 2018 at Hudson, as did Secretary of State Mike Pompeo in October 2019.

Such sentiments echo Michael Pillsbury’s The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower, an influential book widely read within conservative circles in the US, especially by key figures within the Trump administration.

Michael Pillsbury, who Washington insiders say maintains influence as an outside adviser to Trump, said on Tuesday that the sell-off presented an opportunity.