China played the long game to see who ‘blinks first’ when 2018 US trade war spiralled out of control, central bank’s ex-adviser says

//China played the long game to see who ‘blinks first’ when 2018 US trade war spiralled out of control, central bank’s ex-adviser says

China played the long game to see who ‘blinks first’ when 2018 US trade war spiralled out of control, central bank’s ex-adviser says

China’s government, locked in disputes with the nation’s biggest export market, was playing the long game and waiting to see who “blinks first” when a trade war between the world’s two largest economies spiralled out of control last year, a former adviser to the Chinese central bank said.Negotiations to resolve the disputes went into a six-month hiatus due to several false starts caused by lack of understanding, said Tsinghua University’s economics professor David Li Daokui, a former member of…

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By | 2019-03-26T00:00:13+00:00 March 26th, 2019|Business|Comments Off on China played the long game to see who ‘blinks first’ when 2018 US trade war spiralled out of control, central bank’s ex-adviser says