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With China's economic clout growing rapidly, Americans are accusing Beijing of every offense from currency manipulation to crooked trade policies. None of these charges has much merit, but they have increased the probability of a U.S.-Chinese trade war that would do considerable damage to both sides.
Neil C. Hughes is the author of China's Economic Challenge: Smashing the Iron Rice Bowl. He was Senior Operations Officer in the China and Mongolia Department of the World Bank from 1992 to 1997 and a consultant on China to the World Bank until 2004.
