Tuesday, April 10, 2018

China and US Trade Tensions in one graph

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).

PS: I only got noticed this today, but Wolff's column is also about US-China relations. I suppose it's the topic now.

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