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Reuters — China warns U.S. not to open Pandora’s Box, unleash trade ills on world

Summary:
The take-away: "Negotiations must be equal, and China will not accept any consultation under unilateral coercion,” Gao said." China (and Russia) demand to be treated as equals, which would mean the US accepting multipolarity.  Is the US willing to go to the mat to maintain unipolarity? Stay tuned.ReutersChina warns U.S. not to open Pandora's Box, unleash trade ills on world Se Young Lee and Yawen Chen

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The take-away: "Negotiations must be equal, and China will not accept any consultation under unilateral coercion,” Gao said."

China (and Russia) demand to be treated as equals, which would mean the US accepting multipolarity. 

Is the US willing to go to the mat to maintain unipolarity?

Stay tuned.

Reuters
China warns U.S. not to open Pandora's Box, unleash trade ills on world
Se Young Lee and Yawen Chen



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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