Monday, July 9, 2018

Adair Turner — Trade Barriers Will Not Stop China’s Rise

If, back in the 1980s and 1990s, the US government, rather than arguing for Chinese economic opening, had prohibited any US company from investing there, China’s rise would have been significantly delayed, though not permanently prevented. Because that did not happen, China’s rise is now self-sustaining....
Project Syndicate
Trade Barriers Will Not Stop China’s Rise
Adair Turner | Chairman of the Institute for New Economic Thinking, former chairman of the United Kingdom's Financial Services Authority, and former member of the UK's Financial Policy Committee 

1 comment:

Konrad said...

“The hope of keeping China down has no chance of being fulfilled.”

In order for China to triumph, China only needs to survive while bankers and financiers continue to destroy their Western hosts.