Knitpicking the Chinese

U.S. efforts to bash Beijing reveal a remarkable ignorance about economics

It seems to be part of the job description of the U.S. Secretary of Commerce that every so often--usually just as an election season gets under way--the holder of the office should give an economically illiterate speech to an American business audience in some part of the world where the local economy is said to be threatening ours. But even by the dismal standards set by Commerce Secretaries in the past, the extraordinary recent performance of Donald Evans before the American Chamber of Commerce in Beijing set a new low. What's more, Evans' speech turned out to be a precursor to...

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