Ely Ratner quoted in Bloomberg article: “Don’t Count on U.S.-China Trade Relations Warming Up Anytime Soon”

Ely Ratner quoted in Bloomberg article: “Don’t Count on U.S.-China Trade Relations Warming Up Anytime Soon”

“Beijing has a reputation for waiting out U.S. administrations in the hope that the next person in the White House will take a more modest approach. This time, that strategy is unlikely to work. Analysts agree that the policy direction presumably would have shifted toward a tougher line even if Hillary Clinton had won the presidency in 2016, though likely with stylistic differences. ‘The paradigm on China needed to be broken,’ says Ely Ratner, deputy national security adviser to former Vice President Joe Biden. ‘The new consensus is that the old strategy is not working. But there’s no consensus on what that means or what comes next…'”

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