JPMorgan On The Risk Of Military Conflict With China

Zero Hedge | 7/9/2018 | Staff
lhumara (Posted by) Level 3
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In a prior post, we illustrated how in-country sales of US subsidiaries operating in China are almost as large as Chinese exports to the US, leaving the US highly vulnerable to retaliation by China if trade wars escalate. These trade tensions are just one part of the broader Chinese-US relationship; some observers expect military conflict between the US and China as well:

* Harvard’s Thucydides’s Trap Project found 16 cases over the last 500 years in which a major nation’s rise disrupted the dominant state. Twelve of these rivalries ended in war and four did not. The project is directed by political scientist and Presidential advisor Graham Allison, whose recent book is entitled “Destined for War: Can America and China Escape Thucydides’s Trap?”

Newspaper - Global - Times - United - States

* The Chinese state-owned newspaper Global Times wrote in 2015 that “if the United States’ bottom line is that China has to halt its activities, then a US-China war is inevitable in the South China Sea”

Perhaps, but there’s also enormous economic pressure on China and the US to find common ground. Compared to adversaries of the past 100 years, economic linkages between the US and China are much larger. The chart below is something I’ve been working on for the last few months. The idea is to...
(Excerpt) Read more at: Zero Hedge
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