How economic brinkmanship is not a solution post-Covid world wants


Source: firstpost.com firstpost.com

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Discussing the US’ response to the Tiananmen Square massacre of 1989, former foreign Secretary Shyam Saran in his book How China Sees India and the World notes: “Deng [Xiaoping] was also convinced that sheer profit motive would persuade Western companies invested in China to persuade their government to eventually relax the sanctions. He reckoned that China was too large and a growing market to be ignored. His assessment proved right.” And, we know despite the sanctions imposed on China, Senior Bush did send a secret mission under his National Security Advisor Brent Scowcroft in July 1989 “to assure Deng of...