Clyde Prestowitz, former economic adviser to the Reagan and Clinton administrations, makes the case that U.S. policy towards China has led to higher trade deficits, loss of jobs to China, and unnecessary transfer of technology to China. Moreover, the policy has failed to democratize China. The proposed Trans-Pacific Partnership (TPP) treaty will be ineffective at containing China and will, like its predecessor trade deals, harm American competitiveness and employment.
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At prospect.org
At prospect.org
