The argument that China has a comparative advantage at industrial policy is a bit like the argument that the US has a comparative advantage at exporting debt. ... (opens in new tab)

Covers Time to Stop Forecasting China’s Surplus Away | Council on Foreign Relations

The argument that China has a comparative advantage at industrial policy is a bit like the argument that the US has a comparative advantage at exporting debt. It is a good line, but even quips need a limiting principle ... 1/ 2/ 3/ <a class="entity-url" data-preview="true" href="

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