[Anne Stevenson-Yang] If you want to cut the China trade gap, invest in America
Jun 6, 2018
One reason the US and China can’t figure out how to negotiate on trade may be that the Americans are making two sets of demands that are antithetical to each other, without even realizing it. On one side are threatened sanctions targeting the Made in China 2025 program of technology development and those against ZTE. The headline tariffs, sometimes $50 billion, sometimes $150 billion, are aimed at the 2025 plan but more broadly attack a range of Chinese industrial practices, as described in an