How Pence's China polemic set stage for lasting inflation

2018 speech splintered the world and turned back clock on globalization

20220915N Pence Hudson Institute

As U.S. vice president, Mike Pence was an outspoken critic of China. © AP

TETSUSHI TAKAHASHI, Editor, Economic News Group

TOKYO -- The "hope that freedom in China would expand in all of its forms -- not just economically, but politically, with a newfound respect for classical liberal principles" has "gone unfulfilled."

Nearly four years have passed since then-U.S. Vice President Mike Pence delivered this indictment of China in Washington at the Hudson Institute on Oct. 4, 2018.

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