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China unlikely to budge on fundamental change: Leading American economist

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WASHINGTON - Decoupling the United States from China does not make it more likely that China will budge on conceding fundamental changes, said a leading American economist.
"If you have very narrow specific goals, then you can get them to a trade negotiation (with tariffs)," Dr Adam Posen, president of the Peterson Institute of International Economics (PIIE), a private, non-partisan think tank, told The Straits Times in an interview.
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