Charles Wolf: Correcting the US-China Economic Imbalance
Hudson Institute - The Hudson Institute
In Dr. Wolf's view, one should assess US-China relations as a balance sheet with both positive and negative entries -- respectively representing convergent and divergent interests, assets, and liabilities -- on the two sides of the ledger.Entries include security, political, and economic dimensions.Depending on weights attached to the entries, one can arrive at a net positive or negative bottom-line.The weights suggested are debatable, and there are significant entries on both sides of the account, but on balance they appear positive - Hudson Institute