There are winners in trade wars, which is why China has been waging one for two generations.
Of imports from China, but these measures, no matter how large, are "Far from sufficient," says Alan Tonelson, a Washington, D.C. trade analyst.
"The long-term goal is opening up the Chinese market and getting China to be a fair competitor," Fraser Howie, the co-author of Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise., told TAC this month.
Because Howie's skepticism is warranted, the clash between America and China looks like a decades-long struggle, "a new 'Cold War'" as the official China Daily.
"Sweeping restrictions are needed on new American corporate investment in Chinese entities participating in the Made in China 2025 program," says Tonelson.
One of the sectors targeted by Made in China 2025 is electric vehicles.
Musk as of today is free to go ahead with his China plans, but he still has to worry about what Trump will do in the not-too-distant future.
http://www.theamericanconservative.com/articles/the-40-year-chinese-trade-war-against-the-u-s/
Of imports from China, but these measures, no matter how large, are "Far from sufficient," says Alan Tonelson, a Washington, D.C. trade analyst.
"The long-term goal is opening up the Chinese market and getting China to be a fair competitor," Fraser Howie, the co-author of Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise., told TAC this month.
Because Howie's skepticism is warranted, the clash between America and China looks like a decades-long struggle, "a new 'Cold War'" as the official China Daily.
"Sweeping restrictions are needed on new American corporate investment in Chinese entities participating in the Made in China 2025 program," says Tonelson.
One of the sectors targeted by Made in China 2025 is electric vehicles.
Musk as of today is free to go ahead with his China plans, but he still has to worry about what Trump will do in the not-too-distant future.
http://www.theamericanconservative.com/articles/the-40-year-chinese-trade-war-against-the-u-s/
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