Lockhart, the former president of the Federal Reserve Bank of Atlanta, offered his thoughts in a May 8 videoconference about the United States' stance towards China and its potential role in the global recovery from the COVID-19 pandemic.
Excerpt:
]]>Speaking virtually May 8 on “The Future of a Pandemic Economy” with World Affairs Council of Atlanta President Charles Shapiro, Mr. Lockhart theorized that cooperating with China, rather painting it as a “bad guy,” might be the better course in the short term.
“I don’t think it’s necessarily in our interests to be raising tensions with China, perhaps scapegoating China about their intentions during this pandemic, given the fact that we may very well need China in a very important way: and that is in the manufacturing of vaccines when that comes about.”