David Dollar, a senior fellow in the John L. Thornton China Center, explains the differences between the modern U.S. and Chinese economies and outlines why the Trump administration should exercise caution when blaming trade imbalance on China.
Show notes:
Expect more process than progress at U.S.-China Comprehensive Economic Dialogue
Global value chains provide new opportunities to developing countries
The U.S.-China trade agreement—a huge deal for China
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5 on 45 is part of the Brookings Podcast Network.
