Dealing with Chinese mercantilism

ARVIND SUBRAMANIAN of the Peterson Institute draws lessons from history of Chinese mercantilism of the early 1800s to state that dealing with Beijing effectively required a greater sensitivity to its history that meant greater use of carrots rather than sticks and a multilateral rules-based approach rather than a unilateral approach related to specific outcomes. In an op-ed in Business Standard, "Chinese Mercantilism: The Long View", he calls for a long view on China that relied on nudging Beijing away from the path of mercantilism rather than a confrontational approach in spite of a range of unhelpful Chinese actions across a gamut of political and economic issues, stating that a dominant China may no longer be amenable to force