U.S.-China Economic Ties Continue to Fray, Despite Biden-Xi Meeting
November 18, 2022
Eswar Prasad, SAP
“Xi Jinping’s clear signals about the contours of his administration’s economic policies, which will be less favorable to private enterprise, are likely to discourage U.S. investments in China and lead to continued gradual economic and financial decoupling,” says Eswar Prasad, professor of economics and international trade policy.