Monday, August 28, 2017

Stephen S. Roach — America and China’s Codependency Trap

On August 14, President Donald Trump instructed the US Trade Representative to commence investigating Chinese infringement of intellectual property rights. Whatever the merit of such allegations, Chinese retaliation against US trade sanctions would almost certainly cause far more economic damage.
Project Syndicate
America and China’s Codependency Trap
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, now a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management

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