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Teetering on the edge of a cliff
HOME > PAST ISSUE > PERSPECTIVE [Premium content] > DispatchesDecember 2006
China is likely to feel the protectionist heat from a Democrat-controlled US Congress, but the economic imbalance at the heart of US-China ties is not so easy to correct
For all the outward signs of cooperation, relations between the US and China look headed for an extremely dangerous period. This has nothing to do with Taiwan, North Korea, Iran, missile defense systems or human rights. On most of these topics, Beijing and Washington are not as far apart as in the past.
The issue is economic. How on earth does one move from a situation where China owns an increasingly huge slice of US federal debt, enjoys a trade balance five to one in its favor and ...
The issue is economic. How on earth does one move from a situation where China owns an increasingly huge slice of US federal debt, enjoys a trade balance five to one in its favor and ...
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