, Columnist
Rebutting Jack Ma's Free Trade Op-Ed
Let's not pretend China is a bastion of laissez-faire capitalism.
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In an op-ed published by the Wall Street Journal on Wednesday, Alibaba Group Holding Ltd. Chairman Jack Ma made the case against escalating trade tensions between the world's two most powerful economies.
"Both Sides Would Lose a U.S.-China Trade War," was the headline. It's the same argument I made a month ago, and I wasn't the first because, frankly, it's kind of obvious.