Opinion: The U.S. trade deficit is contributing to growing inequality in China as big corporations benefit at the expense of workers
"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."
China in 2 minutes a day
More from SupChina
Friday, December 02
Dec 02, 2016