Economics
Economists Call for Alternative Path to U.S.-China Trade Wars
- Group including five Nobel winners pushes new framework
- Approach would give China more freedom for industrial policies
Pedestrians wait to cross a road in Beijing.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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A group of prominent economists from the U.S. and China called for the world’s two largest economies to abandon their trade war and agree to a new path forward that would give both countries more latitude to both pursue their own domestic economic policies and hit back at those that hurt them.