A Big Mistake China’s Political Elite Makes In Fighting The Trade War

A Big Mistake China’s Political Elite Makes In Fighting The Trade War

In fighting the US-China trade war, China’s political elite makes a big mistake: it assumes that China has achieved “power parity” with the US.
That’s according to a recent article published in the September issue of Current History. It argues that the growing economic interdependence between the world’s two largest economies has given China the “false impression” that it has reached power parity…

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