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Wednesday, August 22, 2012

Yasheng Huang: What Worked With Japan Won’t Work With China


MIT Sloan Experts



Posted: 22 Aug 2012 07:43 AM PDT
From the New York Times In the 1980s, the United States threatened sanctions if Japan did not reduce its trade deficit. One consequence — intended or unintended — was that Japanese investments in the United States increased dramatically in response to the punitive sanctions. These are called “tariff-jumping” investments and today there are commentators who [...]

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