男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

China not afraid of?trade war with US

chinadaily.com.cn | Updated: 2018-03-11 21:02
Share
Share - WeChat

China does not want a trade war, nor will it take the lead to initiate one, Minister of Commerce Zhong Shan said on Saturday. While that might seem soft-toned, it should not be mistaken for weakness, for as he asserted, China is capable of coping with any challenges.

The escalation of the trade disputes between the world’s top two economic powers is set to disrupt normal global trade order and could result in a trade war if the US continues with its irresponsible trade policies, since it would leave China with no choice but to retaliate.

The US’ lop-sided economic structure is actually behind its current pile-up of trade deficits. While it excels in highly profitable high-tech and financial industries, its manufacturing is less competitive.

In the case of the Sino-US trade gap, statistical errors account for about 20 percent of the US’ trade deficit with China, according to working groups from both countries. Another factor is that the US forbids exports of a large number of high-tech products to China. Given the high value of those products, it is estimated that allowing these exports would reduce the deficit by about 35 percent.

It is thus unreasonable for US politicians to continue to hype the fiction that the US’ deficit with China is because the latter resorts to unfair trade practices.

However, Washington’s trade policy regards economic prosperity at home as necessary to promote US power and influence abroad. Therefore, the Donald Trump Administration is eager to aggressively target economic competitors such as China.

The US should be aware that if it continues to engage in protectionism and other unfair trading practices it will find that China is fully capable of defending its interests.

The US will also be a loser if there is a trade war.

 

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 广州市| 平阳县| 五台县| 双峰县| 盐源县| 陵川县| 阿城市| 大名县| 阜城县| 大宁县| 江华| 普定县| 大悟县| 高邮市| 林西县| 于田县| 沙坪坝区| 博爱县| 永修县| 邢台县| 邵阳县| 逊克县| 禄劝| 阳春市| 敦化市| 神池县| 胶南市| 武清区| 邛崃市| 左云县| 梁平县| 绥芬河市| 米易县| 富蕴县| 龙州县| 南皮县| 云浮市| 达州市| 彰武县| 淄博市| 随州市|