Why China Needs To End Its Economic Mercantilism

In a recent Huffington Post blog posting, Rob Atkinson argues that, instead of embracing growth policies to raise productivity in all the sectors of its economy, China, like many developing nations, has erected neo-mercantilist policies designed to favor a few select export sectors. Not only are these trade practices unfair, but they are not the best way to raise living standards – in China and elsewhere. It’s time to develop a new global consensus that domestic productivity growth should be the key focus of economic policy in every nation.