Illustration: Craig Stephens
Yu Yongding
Opinion

Opinion

Yu Yongding

Donald Trump misread the US-China trade relationship. A rethink is not in America’s best interests

  • Yu Yongding says Trump’s trade war will prompt China to recognise that buying US Treasuries instead of making domestic investments is not in its own interests
  • China must rebalance its economy, but doing so would also have serious consequences globally

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Illustration: Craig Stephens
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