The silk-silver axis: Averting a Chinese-American trade war

Mar 30, 2017
Print section Print Rubric:  The world’s most important economic relationship is also its most fraught Print Headline:  The silk-silver axis Print Fly Title:  Chinese-American economic ties UK Only Article:  standard article Issue:  Britain’s brutal encounter with reality Fly Title:  The silk-silver axis Location:  SHANGHAI Main image:  20170401_bbp003.jpg IN 1784 the Empress of China set sail from New York, on the first American trade mission to China. Carrying ginseng, lead and woollen cloth, the merchants aboard dreamed of cracking open the vast Asian market. But the real profit, they found, came on their return, when they brought Chinese teas and porcelain to America. As other ships followed in its wake, the pattern became clear. Americans wanted more from China than Chinese wanted ...

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