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No Art to the US-China Trade Deal — Stephen S. Roach

Summary:
The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems. Project SyndicateNo Art to the US-China Trade Deal Stephen S. Roach, a faculty member at Yale University and former Chairman of Morgan Stanley Asia See also Off-GuardianCan the US beat China in a “trade war”? Or will this be the end of turbo-capitalism? Andre VltchekalsoBruegelA Fear of Regime Change is Slowing the Global EconomyUri Dadush

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The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems.
Project Syndicate
No Art to the US-China Trade Deal
Stephen S. Roach, a faculty member at Yale University and former Chairman of Morgan Stanley Asia

See also

Off-Guardian
Can the US beat China in a “trade war”? Or will this be the end of turbo-capitalism?
Andre Vltchek

also

Bruegel
A Fear of Regime Change is Slowing the Global Economy
Uri Dadush

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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