Source: United States & Canada – South China Morning PostAt last week’s summit in Beijing, the presidents of China and the United States pledged to steer towards a stable and constructive relationship. The two sides announced new joint trade and investment councils. This combination of high-level commitment and institutional progress has stirred hopes that long-running bilateral economic tensions will ease substantially, if not take a turn for the better.
But will the world’s largest economies live happily ever after? History offers a sobering…Read More