US-China friction will have limited impact on global trade regime: Chang Ha-joon
Foreign affairsJul 17, 2018
The broadening trade war between the United States and China may neither deal a fatal blow to the global trade regime nor save ailing industries in the US, well-known economist Chang Ha-joon predicted Tuesday."The trade war (between the US and China) is currently fueling various kinds of tension and fanning a bad mood, but it's not a very big problem in terms of quantity," Chang, currently a reader in the Political Economy of Development at the University of Cambridge, said in a press conference