China’s position in the global markets as a source of cheap labor has evolved into a dynamic new phase, that requires new solutions to bridge China’s past with its promising future.

The combined effects of globalization and technological change caused “deindustrialization” across a wide swath of the United States. Deindustrialization is responsible for making good paying manufacturing jobs requiring low to medium skills scarce, eviscerating the middle class in certain regions, and stoking political resentment—a major issue for workers both in the U.S. and China.

While most Americans view China as friendly though not as an ally, those who favor demonizing China seek to change both perceptions and realities, writes Dan Steinbock.

After a careful analysis of a recent New York Times article, Yu Xiang finds that the criticism leveled in the article is full of misinformation and concludes that the protectionist slant revealed in the article is worrying.