Source: EconLog
by John Phelan
“China’s government might well be running a trade surplus as a matter of policy. It may even be doing so with the aim of strengthening itself relative to geopolitical rivals like the United States. But if, as Roberts argues, it has tried this before, that same history indicates that the prospects for the government in Beijing are not good. Little good it did the Qing dynasty and little good will it do the Communist Party.” (03/24/25)
https://www.econlib.org/chinas-trade-surpluses-are-not-a-source-of-strength/