Lawrence H. Summers, former US Treasury Secretary, says tensions between US and China will remain high as long as China remains a substantial economic success. Photo: Bloomberg

Donald Trump’s ‘phase-one’ deal will not resolve issues behind US-China trade war, Larry Summers says

  • Issues likely to linger, but cutting tensions could reduce uncertainty and act as ‘a spur to growth’, former US Treasury Secretary Lawrence H. Summers said
  • US has ‘legitimate concerns’ about technology and China should be willing to address them, Summers said
Topic |   US-China trade war
Lawrence H. Summers, former US Treasury Secretary, says tensions between US and China will remain high as long as China remains a substantial economic success. Photo: Bloomberg
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