Trade Trap: China and the US Must Avoid a 'New Cold War'.

As the world's two largest economies, China and the US have a mutual stake in maintaining good relations, but US President Donald Trump's attack on China's trade practices and economic policies have roiled relations between the two countries. While Beijing and Washington appear to be moving toward a deal to avert a further escalation in trade tensions, the risks of Trump's 'America First' policy remain. Wang Yong explains what is at stake and shows a path forward. [ABSTRACT FROM AUTHOR]