...for the twin engines of the global economy — the United States and
China — to turn against one another," - this from Jim Owens, the CEO of Caterpillar, a heartland company if there ever was one. I saw it courtesy of Rich Karlgaard.
Good to see US corporate leaders speak out against protectionism.
But it cannot be one-sided. Chinese (and Indian and Brazilian and Korean) businesspeople have to manage their own politicians and keep their own markets open. And not bellyache about protectionism if their own value proposition becomes less competitive.
