Opinion: China Must Maintain Focus on Opening-Up Even as Trade Spat Simmers
Before drawing up strategies to address the ongoing trade conflict (and potential trade war) initiated by the U.S., we must first explore the underlying motivations.
There are several points apparent on the onset. Firstly, waging a trade war against China will do nothing to fix America’s trade deficit, unemployment rate or stagnant wages. However, politically it promises short- and long-term gains for the U.S. and the Trump administration.
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