Fifty years of encouraging closer economic links with Beijing has proved misguided
Even as official financial decoupling progresses, US and other financial firms are – with China’s blessing – building asset management, securities, life insurance, fintech, and custody businesses in the Chinese market. Should President-elect Joe Biden’s administration support this process or double down on decoupling?
China’s economy faces uncertainty and choppy waters in the years ahead, a trend that the trade conflict with the United States seems likely to deepen.
Early indications suggest tit-for-tat actions could escalate into trade war.
13th December 2016
In an interview with Fox News over the weekend,