The U.S. Needs to Change the Way It Does Business With China
In a recent speech, Commerce Secretary Gina Raimondo suggested an incremental shift in how the United States approaches “competitiveness and the China challenge”. She recognized the serious threat from China, explaining that the United States “will continue to press China to address its nonmarket economic practices that result in an uneven playing field”. She noted, though, that “we are not seeking the decoupling of our economy from that of China’s”.
America’s China policy does need to change. The ruthless repression of its Covid-policy protesters is the latest proof of that, but the greater urgency is that the status quo has things moving to the disadvantages of the United States as well as to the benefit of China.… Seguir leyendo »