RLK: Well some people would say that tariffs have at least got China’s attention. Even some leading people tell me privately in China that in that sense China needs to move faster in doing things like opening markets, like intellectual property protection. Now they are doing some things. They have an intellectual property court. I visited it in Shanghai a few months ago. It’s working really well. Much more progress needs to be done. So in that sense the tariffs are a beacon that tells everybody we need to deal because everybody is going to suffer by tariffs. The question is how we deal with it.
China needs to make some specific changes regarding markets, IPR, some of these other things — they should be done subtlety and not publicly. That’s the way to get things done.
HOST: Isee. You know, President Trump has infamously said that trade wars are good and they're easy to win. And you wrote about this, why the Chinese don’t think that the U.S. could ever win a trade war with Beijing. It was a very long list but tell us the highlights of that.
RLK: Right — in the early days of the so-called trade war, the Chinese media and Chinese experts were talking very frequently about how the U.S. can’t win.
Robert Law rrence Kuhn Chairman, The Kuhn Foundation
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