Trade and China continue to be among the most debated policy issues in the United States and worldwide. Does its government give Chinese firms an unfair advantage?
As governments throughout the world rush to raise cash to fight the Covid-19 pandemic via auctions, finance ministers face a choice: which format offers their bond issues the best chance of netting the most money at the cheapest interest rate while insuring against auction failure?
In its ongoing war against Chinese technology companies, the Trump administration has now set its sights on China's leading social-media app, WeChat. Yet by opting for a ban, the United States has again prioritized optics over sound policymaking, with costs to America that are all too predictable.