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China and US Trade Tensions in one graph

Summary:
The graph below illustrates the reasons for the concerns in the US and the somewhat erratic, but more combative position of the Trump administration. Note, also, that China is closing the gap on R&D spending and on the technological front, at a faster pace that I would have predicted (more on that for a later post).

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The graph below illustrates the reasons for the concerns in the US and the somewhat erratic, but more combative position of the Trump administration.
China and US Trade Tensions in one graph

Note, also, that China is closing the gap on R&D spending and on the technological front, at a faster pace that I would have predicted (more on that for a later post).
Matias Vernengo
Econ Prof at @BucknellU Co-editor of ROKE & Co-Editor in Chief of the New Palgrave Dictionary of Economics

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