James A. Fok > Quotes

“The Chinese people and the American people are not each other’s enemies. Rather, the main conflict in both countries is that between the elites and their wider populations. This has been driven by fiscal, industrial and monetary policies that have pushed widening wealth and income inequalities within both countries and led to significant imbalances in the commercial and financial relationship between them.”
― James A. Fok, Financial Cold War: A View of Sino-Us Relations from the Financial Markets

“Today, we are confronted with a set of circumstances that has brought China and America into conflict. There is no inevitability that this should lead to a continual ratcheting-up of tensions resulting in war. Neither is there any guarantee that it will not. Much will come down to many individual decisions taken by political leaders.”
― James A. Fok, Financial Cold War: A View of Sino-Us Relations from the Financial Markets