Magazine February 6, 2017, Issue

Trade Reciprocity with China

(Luba Myts)
Some main points of a fair policy

Our economic policy with regard to China has been wrong for almost 20 years. We were wrong in the late 1990s to believe that the Chinese Communist Party was committed to pro-market reform for the long term. We were wrong in the mid 2000s to discourage the U.S. government from retaliating against discriminatory Chinese regulations. We were wrong as recently as two years ago when we, Democrats and Republicans alike, failed to see how much trade with China had contributed to populist anger.

There is, one could say, huge room for improvement in economic relations with the People’s Republic of China

In This Issue



Books, Arts & Manners


Politics & Policy


Against Big-Government Conservatism Samuel R. Staley argues for a permanent revolving-loan bank (“The Infrastructure Bank We Need,” December 31). Staley conditions his proposal on the bank’s being “properly designed and constrained,” ...
Politics & Policy

The Week

‐ So there were no left-wing Puerto Rican transsexual terrorists in federal prison? ‐ Representative John Lewis (D., Ga.) announced that he would skip Donald Trump’s inauguration: “I don’t see this ...
Politics & Policy


AT THE CHAPEL OF THE PINK SISTERS The crosses on the convent roofs Gleam sharply as the sun comes up. — Wallace Stevens, “Botanist on Alp (No. 2)” The March wind blows past the ...


The Latest