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Yu Yongding — How Trump Is Helping China

Summary:
China's leaders have long known that the economy has outgrown the world market, and is desperately in need of rebalancing. But, thanks to Donald Trump’s trade war, they are now pursuing that goal with a new sense of urgency, suggesting that US pressure may well end up being a blessing in disguise for China. Project SyndicateHow Trump Is Helping ChinaYu Yongding | formerly president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, member the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006 and member of the Advisory Committee of National Planning of the Commission of National Development and Reform of the PRC

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China's leaders have long known that the economy has outgrown the world market, and is desperately in need of rebalancing. But, thanks to Donald Trump’s trade war, they are now pursuing that goal with a new sense of urgency, suggesting that US pressure may well end up being a blessing in disguise for China.
Project Syndicate
How Trump Is Helping China
Yu Yongding | formerly president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, member the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006 and member of the Advisory Committee of National Planning of the Commission of National Development and Reform of the PRC
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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