Author: John Bresnahan, New York State Journal,New York State Department of Financial Services,United States Department of Treasury,The New York Times article China’s economic slowdown has also affected the world economy.
That has resulted in more and more nations looking to use their economic leverage to pressure China, and the United States is doing just that.
But the new U.S. administration is doing it the wrong way.
On July 1, the U.N. Security Council voted unanimously to condemn the country for using “gross and systematic” economic warfare against Taiwan.
This is the same day that China’s central bank issued a new warning that it would take “appropriate action” if the U