Out of the Gobi: Weijian Shan on the Cultural Revolution, economic reform, and U.S.-China ties
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The Evolution and Complexities of Trade Relations
This chapter explores the historical shift from mercantilism to contemporary trade philosophies, particularly those argued by Adam Smith. It addresses the intricate trade relationship between the U.S. and China, emphasizing the implications of protectionism and the importance of understanding China's trading behavior within a global framework.
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