Illustration: Craig Stephens

Escalating the US trade war is not in China’s interest. Reform is what it must do

Andy Xie says China could easily absorb the tariffs the US has proposed so far, but may face disaster if the conflict escalates. The best course of action for Beijing would be to use the opportunity to enact the economic reforms it must carry out eventually

Topic |   US-China trade war: Opinion

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Illustration: Craig Stephens
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