China’s Exaggerated Semiconductor Trade Deficit No Justification for Mercantilist Policies

Nigel Cory October 28, 2015
October 28, 2015

To justify its mercantilist industrial development policies in the semiconductor sector China claims hardship in that it runs a "large" semiconductor trade deficit, writes Nigel Cory in Innovation Files. It is used as a façade for a mercantilist policy which breaches rules China agreed to when joining the WTO. It is time for the United States to adopt a new policy of ‘constructive confrontation’ to push back against such damaging and misguided trade policies.