Straight from the Specialists
(The views expressed in this column are the author’s own and do not represent those of Reuters)
Both ends of the political spectrum seem to be competing to be tougher on China economic issues. They’re both wrong.
Chinese policy does warp the global economy in a number of ways, but 99 percent of our current problems are of our own making. Bashing China feels good but accomplishes nothing.
U.S. President Obama has announced a new World Trade Organisation case against China. This is another in a series of steps featuring the new bureaucracy added last winter. Some of these are minor in impact; others are outright harmful.