US Nobel laureate Krugman calls for trade war with China

It is rare in recent years that the issue of Sino-US frictions has been reported to be very tight, according to Global Times, published January 6. The Wall Street Journal article of 5th said it reflected a growing resentment in the US's discussion of how to deal with China's trade surplus.　　"The direction of this debate seems to have changed and it has been bad for China," the newspaper commented. The US Wall Street Journal 5th published a report entitled "Krugman: The article" a trade war with China ", saying that there was growing resentment in the US's discussion of how to deal with China's trade surplus, and that the Nobel Prize-winning economist, Krugman, recently ignored the liberal trade generally accepted by mainstream economics, in the New York Times　　Published articles in favour of protectionism to solve the problem of underemployment in the United States. The Wall Street Journal article says the prospect of Beijing selling large amounts of US Treasuries is often seen as something that will happen at the end of the world, and Mr Krugman is optimistic that it is a good thing, not a bad thing, for America's Competitiveness and employment; "If the Chinese really dumped the dollar, We should say thank you to them. The Wall Street Journal argues that one of the most respected and influential economists in the United States, at the beginning of the new year, is essentially shouting a trade war with China, which is surprising. Mr Krugman said China's currency policy was "predatory", with a sharper tone than any anti-Chinese MP.