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Jeffrey D. Sachs — The War on Huawei

Summary:
The Trump administration's conflict with China has little to do with US external imbalances, closed Chinese markets, or even China’s alleged theft of intellectual property. It has everything to do with containing China by limiting its access to foreign markets, advanced technologies, global banking services, and perhaps even US universities.… The Trump administration, not Huawei or China, is today’s greatest threat to the international rule of law, and therefore to global peace. Containing China (and Russia) to mantain and extend US global hegemony.Project SyndicateThe War on Huawei Jeffrey D. Sachs | Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, and Director of Columbia’s Center for Sustainable Development and of the UN

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The Trump administration's conflict with China has little to do with US external imbalances, closed Chinese markets, or even China’s alleged theft of intellectual property. It has everything to do with containing China by limiting its access to foreign markets, advanced technologies, global banking services, and perhaps even US universities.…
The Trump administration, not Huawei or China, is today’s greatest threat to the international rule of law, and therefore to global peace.
Containing China (and Russia) to mantain and extend US global hegemony.

Project Syndicate
The War on Huawei

Jeffrey D. Sachs | Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, and Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network

See also at Project Syndicate

China’s Boldest Experiment

Dani Rodrik | Professor of International Political Economy at Harvard University’s John F. Kennedy School of Government

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This is the most significant item in the report. The Chinese are very nationalistic and conservative, and they are extremely sensitive to humiliation. The Chinese government also has its ears to the ground regarding the public mood.

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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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