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Friday, October 25, 2019

No Art to the US-China Trade Deal — Stephen S. Roach

The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems.
Project Syndicate
No Art to the US-China Trade Deal
Stephen S. Roach, a faculty member at Yale University and former Chairman of Morgan Stanley Asia

See also

Off-Guardian
Can the US beat China in a “trade war”? Or will this be the end of turbo-capitalism?
Andre Vltchek

also

Bruegel
A Fear of Regime Change is Slowing the Global Economy
Uri Dadush

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