China exported US$506 billion worth of goods to the United States in 2017. Photo: Bloomberg
Minxin Pei
Opinion

Opinion

Minxin Pei

China would be wise to avoid going MAD in the trade war

A proposal by China’s former finance Lou Jiwei to hit back at the US by withholding key exports would backfire, because Washington’s bigger arsenal means ‘mutually assured destruction’ would not be mutual

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China exported US$506 billion worth of goods to the United States in 2017. Photo: Bloomberg
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