It was the conventional wisdom that China, due to the burden of its global responsibilities, would become a responsible stakeholder and global citizen through greater market access. That’s not happening.
The trade war between China and the United States isn’t a conflict that will remain confined to the economy. It’s a risky play in a new Cold War.
China may well have been willing to give foreign companies wider access to its markets, but not to the extent of having those concessions codified into law.
When Chinese President Xi Jinping’s autocracy asks Western companies to jump, the response is usually, ‘How high?’
The lesson from Apple’s China problem is that sharing your intellectual property in exchange for market entry is signing your company’s death certificate.
Politicians like Indiana’s Mike Pence have a lot to answer for.
Few Republicans pushed back against Donald Trump’s litany of absurdities regarding international trade. Democrats were no better.
President Obama tells the British to remain in the European Union, or they will ‘go to the back of the queue’ for trade deals with the United States. Yeah, right.
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