Trade Tensions Ahead: The Unseen Link Between Global Imbalances and Music Industry Suffering The US Treasury Secretary's warning about China's "excessive imbalances" in global trade highlights the complex web of economic interests underlying our interconnected world.
The G20 Finance Ministers' meeting has drawn attention for its implications on geopolitics, but few have considered how these trade tensions affect another sector: music.
For decades, Western record labels and artists have struggled to compete with China's export driven economy.