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Who Has the Upper Hand in US-China Relations?

Markets

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May 17, 2025

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Bloomberg

Former US Treasury Secretary Lawrence H. Summers and Hoover Institution Senior Fellow Elizabeth Economy discuss the US pivot on trade dealings with China. Summers believes there’s pressure on the Chinese economy, but believes that there’s even more pressure on the US economy. Elizabeth Economy states that both the US and China have “economic vulnerabilities.” (Source: Bloomberg)

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