Drawing parallels with the Cold War and comparing China with the former Soviet Union is a mistake, says Christopher McNally, professor of political economy at Chaminade University. In the second of this three-part video, he warns containment policies to decouple the US and Chinese economies will create significant consequences, including a potential global depression.
Part 1: China's Digital Currency | Christopher McNally
Part 2: This is No Cold War | Christopher McNally
Part 3: Trade is "Booming" | Christopher McNally