Is China Torpedoed?

"It would be cataclysmic for the global economy if we were to wage economic or financial warfare against china," he says. Companies are being awn into this kind of cross air in which they have to choose whose rules they are going to follow and whose rules they're going to flout, writes George Osborne. "I mean, ite's pretty high risk that that, that's kind of what we're in the early stages of looking at."