China could retaliate against the US by imposing tariffs on Boeing planes, but that would only ensure Airbus seeks higher prices. Photo: Reuters
Chen Zhao
Opinion

Opinion

The View by Chen Zhao

Why a tit-for-tat strategy won’t work for China in the trade war with America

Chen Zhao says Beijing should think twice before taking populist retaliatory measures against Washington. Instead, it should focus on increasing domestic spending

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China could retaliate against the US by imposing tariffs on Boeing planes, but that would only ensure Airbus seeks higher prices. Photo: Reuters
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Chen Zhao

Chen Zhao

Chen Zhao is founding partner and chief strategist of Alpine Macro. From 2015 to 2016, he was co-director of macro research at Brandywine Global Investment Management. Prior to that, Chen spent 23 years at BCA Research. He holds an MA in economics from the Central University of Finance and Economics, was a visiting scholar at University of Illinois at Urbana-Champaign and pursued post-graduate studies with a PhD candidacy at McGill University.