Why Trade With China Is Not Free

Why Trade With China Is Not Free
Containers organized in stacks at Yangshan Deep Water Port, part of the Shanghai Pilot Free Trade Zone in Shanghai on Feb. 13, 2017. JOHANNES EISELE/AFP/Getty Images
Valentin Schmid
Updated:
News Analysis

Trade is good. Whether domestic or international, it allows for the specialization of production, making it more efficient and thus saving resources. It emphasizes the strength of different people and different countries where everybody can bring their best products to the table, making up for weaknesses in other areas of a nation’s economy. It’s a win for everyone.

Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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