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A split between the U.S. and its traditional allies, if it becomes a permanent feature of the new global order, would lead to deeper fragmentation among the world's market-oriented democracies. That will surely shift the long-term balance of power in China's favor, as it moves steadily toward becoming the world's largest economy.
Michael Spence
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"A split between the U.S. and its traditional allies, if it becomes a permanent feature of the new global order, would lead to deeper fragmentation among the world's market-oriented democracies. That will surely shift the long-term balance of power in China's favor, as it moves steadily toward becoming the world's largest economy."
— Michael Spence

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A split between the U.S. and its traditional allies, if it becomes a permanent feature of the…

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A split between the U.S. and its traditional allies, if it becomes a permanent feature of the new global order, would lead to deeper fragmentation among the world's market-oriented democracies. That will surely shift the long-term balance of power in China's favor, as it moves steadily toward becoming the world's largest economy. — Michael Spence

About Michael Spence

Michael Spence was a Economist from United States (1943–present).

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Frequently Asked Questions

Who said "A split between the U.S. and its traditional allies, if it becomes a permanent…"?
This quote is attributed to Michael Spence, a Economist from United States.
When did Michael Spence live?
Michael Spence lived from 1943 – present.