3min chapter

Foreign Policy Live cover image

Larry Summers on China, Russia, and the Global Economy

Foreign Policy Live

CHAPTER

The Escalatory Spiral We Seem to Be Locked In

There is a natural intuitive economic appeal to protectionism. I believe that because of other economic mistakes that we have made as a country, there's more economic insecurity in the land and more areas left behind. And also, and this is the last thing, China has done its level best to make it as difficult as possible not to be a hawk in the United States with Wolf Warrior diplomacy.

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