What are the major challenges in trade (and national security) between China and United States?; What...

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What are the major challenges in trade (and nationalsecurity) between China and United States?; What are thedifferences in political economy between US and China that createdthe above major challenges?; What should be the short term and longterm approach in resolving the issue?
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The major challenges in trade and national security between China and USA started occurring after trade and economic relationship between the two countries expanded significantly in the last three decades The first challenge is with regards to the industrial policies China has made an incomplete transition to a market economy and USA view Chinese industrial policies with regards to subsidies and tax breaks in a cynical manner China also gives low cost loans to Chinese firms it has created foreign trade and See Answer

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