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Stopping China’s growth cannot be a goal for the West
Deterrence and trade will have to go hand in hand
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It is crucial for the US and the EU to be clear that their goal is not to prevent China from becoming richer, but to prevent China from using its wealth as a weapon.
PHOTO: REUTERS
Gideon Rachman
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Do we want China to fail? That question came up at a recent seminar I attended for Western policymakers and commentators.
The group was leafing through a report on the year ahead, when one of our number asked why one of the dangers listed for 2023 was a sharp slowdown in Chinese growth. “Isn’t that what we want to happen?” he asked.
