COVID-19 offers an outside chance to mend the damaged US-China relationship, which will hurt both countries, says former Morgan Stanley chairman ...
NEW HAVEN: It didn’t have to end this way, but the die is now cast. After 48 years of painstaking progress, a major rupture of the US-China relationship is at hand.
It will also lose access to US technology components required to advance indigenous innovation. And the loss of a currency anchor to the US dollar could lead to greater financial instability. China's President Xi Jinping shakes hands with US President Donald Trump on the sidelines of a Group of 20 summit in Osaka in June 2019 AFP/Brendan Smialowski
America First has resonated with widespread wariness of globalisation - now reinforced by concerns over supply-chain vulnerability.
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