U.S. Economic and Trade Policies with China Need A Forward Look

The economic relationship should have evolved with China and U.S. economies’ “New Normal”, but a variety of fears are in the way. The U.S. would like to decrease its reliance on consumption as the engine of growth, relying more on domestic investment and exports. China seeks more consumer spending, and less reliance on domestic investment and exports. Those goals are highly complementary and mutually reinforcing, creating opportunities that should not be missed.

Yu Xiang, Research Fellow, CICIR via CHINA US Focus http://ift.tt/2bh9Mgf