3min chapter

Forward Guidance cover image

Michael Pettis: China's Economic Growth Model Is Dying

Forward Guidance

CHAPTER

The Class Implications of China Joining the WTO

David Frum and Matthew Klein: Trade wars are not really national wars. They're class wars. Certain sectors of the economy in both countries, primarily workers, small businesses suffer because of these imbalances. And then certain sectors, the elites in both countries benefit because of theseImbalances. That's probably the strongest message we try to get through in that book.

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