US, China and a new economic order
4 min readOct 7, 2018
The trade war between the United States and China isn’t about trade. It’s about global economic dominance. Both are locked in a struggle over the international economic order. This has been a long time coming. In three fundamental economic areas, China is challenging US economic hegemony.
First, in terms of trade. A rapidly growing consumer class with rising demands has turned China into a massive…