Western Business Fed Up With China

Western Business Fed Up With China
U.S. Commerce Secretary Gina Raimondo talks with Shanghai Party Secretary Chen Jining during a meeting in Shanghai on Aug. 30, 2023. Andy Wong/Pool/AFP via Getty Images
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Commentary

Both Washington and the European Union (EU) have shown increasing levels of hostility toward Beijing, especially in trade relations. Voices in Washington talk not infrequently about the need to “decouple” the U.S. economy from China’s. The Europeans prefer the word “de-risk,” but it comes to the same thing.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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