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Opinion: The U.S. trade deficit is contributing to growing inequality in China as big corporations benefit at the expense of workers

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So our trade deficit with China — and China's trade surplus with us — isn't an instance of Chinese workers pulling a fast one on American workers," writes Jeff Spross. "Nor is it an instance of American workers sacrificing to lift Chinese workers up. It's more like a mutually poisonous codependent relationship: One where workers in both countries get screwed, and the elites make out like bandits."
8 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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