There are better ways to solve China trade dispute – Atlanta Fed economist

It is “underappreciated” that the Chinese currency is devalued, Tao Zha says

china-exports

There are more effective ways to approach the US-China trade dispute than those pursued by president Donald Trump, a Federal Reserve Bank of Atlanta economist says.

“China is growing so fast and has been taking advantage of the openness in the developed countries,” Tao Zha, executive director of the Atlanta Fed’s Center for Quantitative Economic Research, says. “The question is how to strike a trade agreement such that the trade barriers in China will be reduced to allow other countries to

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