'Hostile' US policies on China risk dividing world: Stiglitz
Niigata (Japan) (AFP) - "Hostile" US policies on China risk splitting the world into two blocs, Nobel-winning economist Joseph Stiglitz told AFP on Friday, urging the West to offer investment not "lectures" to developing countries. "It would be a good idea... for the other G7 countries to try to put pressure on the United States to say, 'what you're doing is forming the world into two blocs, and that will be hard,'" the professor said on the sidelines of Group of Seven ministerial talks in Japan. "We may be in some kind of strategic competition, but that doesn't mean that we have to be quite s...