If you needed any further evidence that the trade war between the US and China is not just about trade, consider what US Secretary of State Mike Pompeo said about the world’s second-largest economy during a recent trip to Latin America.
“When China comes calling it’s not always to the good of your citizens,” he said. “When they show up with deals that seem too good to be true, it’s often the case that they, in fact, are.” The reference to deals was a thinly veiled attempt at punching holes in Beijing’s One Belt One Road programme – a $124bn Chinese project aimed at facilitating trade and investment links between Asia, Africa, Europe and beyond. Read more here
China vs the US: not just a trade war
10/22/2018
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