The container ship Ever Far (left) sails downriver past the Port of Savannah, in the US state of Georgia, in September 2021. Photo: AP
The container ship Ever Far (left) sails downriver past the Port of Savannah, in the US state of Georgia, in September 2021. Photo: AP
David Brown
Opinion

Opinion

Macroscope by David Brown

How US, China can defuse the trade war and boost global growth

  • If the renminbi continues to falter, Washington and Beijing could join forces with official intervention to ensure exchange rate stability is maintained
  • Opening up China’s markets to more US exports to encourage faster bilateral trade flows would also help