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Well that's exactly what Trump is doing with his trade war [1]. The goals are: 1) removing trade/current-account imbalance (which has improved on its own due t
by YjSe2GMQ 7y ago
Well that's exactly what Trump is doing with his trade war [1].
The goals are: 1) removing trade/current-account imbalance (which has improved on its own due to the massive spike in Chinese tourism [2]), 2) allowing more Western companies enter China without forced technology transfer or other "unfair" practices, 3) reducing the rampant intellectual property violations in China.
[1] https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war https://en.wikipedia.org/wiki/China%E2%80%93United_States_tr...
[2] https://www.economist.com/finance-and-economics/2019/03/14/chinas-current-account-surplus-has-vanished https://www.economist.com/finance-and-economics/2019/03/14/c...