China may view President-elect Donald Trump’s return to the White House as an opportunity for strategic advantage despite immediate economic challenges, according to a leading China expert. What Happened: Elizabeth Economy, a senior fellow at the Hoover Institution, told Bloomberg TV that while Trump’s proposed 60% tariffs would significantly impact China’s economy, the longer-term implications could favor Beijing’s global ambitions. “China is probably looking at the return of Donald Trump as short-term pain, but potentially long-term strategic gain,” Economy said. She estimated that China wou…