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1 year ago

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Breakingviews - Economic war with China would be MAD

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Breakingviews - Economic war with China would be MAD

The prospect of mutually assured destruction (MAD) helped avert nuclear conflict during the Cold War. Hopefully, fear of the economic equivalent will do a similar trick when it comes to a showdown with China. Still, the shooting down of a suspected Chinese spy balloon, which has led to a breakdown in diplomatic relations, is a reminder that errors can happen.

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Breakingviews - Economic war with China would be MAD

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Breakingviews - Economic war with China would be MAD

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