economy today: In addition, this attempt to play hardball with the Chinese side in these all too important discussions could totally poison the atmosphere for amicable talks with China on any issue in the future, according to Global Times China. It is highly unlikely that China will buckle to such high-handed tactics. It may also create a major blowout in international financial markets. China is proud of the accomplishments it has made during the last 40 years of reform and opening-up. For the real reason the US economy is in such dire straits - in contrast to what the president seems to believe, the US economy today is not a success story - is not because of trade with China. But the attempt by the US to force China to entirely abandon its successful industrial policy poses an existential threat to the world's second largest economy.
(news.financializer.com). As
reported in the news.
Tagged under economy today, success story topics.