日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

US tariffs threaten economic interdependence

By Chen Weihua | China Daily | Updated: 2018-08-23 07:16
Share
Share - WeChat
Soybeans imported from Brazil are used to make cooking oil at a factory in Sanhe, Hebei province. [Photo by Greg Baker/for China Daily]

Economic benefits

The US National Security Strategy released in December labeled China, along with Russia, as a revisionist power and strategic competitor to the US.

Gary Hufbauer, a nonresident senior fellow at the Peterson Institute, said analysis by himself and his colleagues shows that economic interdependence has been very beneficial for the US. But he said that as long as Trump is president, there will be less interdependence of trade and investment.

"This is highly regrettable, and will cost both countries in terms of innovation and economic performance," said Hufbauer, a former deputy assistant secretary for international trade and investment policy at the US Treasury Department.

In 2014, Hufbauer and his colleagues Fred Bergsten and Sean Miner coauthored the book Bridging the Pacific: Toward Free Trade and Investment Between China and the United States, in which they argue that both countries will benefit enormously from free-trade and investment accords.

Douglas Paal, vice-president for studies at the Carnegie Endowment for International Peace, said the goal of many in the US administration and Congress is to reduce or even try to eliminate economic interdependency.

"It's called 'delinking' the two economies. I don't think either government realizes what the price of this might be," Paal said.

In recent articles, Roach, from Yale University, has refuted US attacks on China's industrial policy, arguing that many industrialized nations have, or had, such policies.

He also dismissed the notion that foreign companies are forced to transfer their intellectual property rights in forming joint ventures in China.

"Yes, as we joined with our partners in creating China's first investment bank, we shared our business practices, proprietary products and distribution systems. Yet, contrary to the assertions of the USTR (US Trade Representative), we were hardly forced into these arrangements," he said, citing his experience of forming Morgan Stanley's joint venture with China Construction Bank to establish China International Capital Corp in 1995.

Roach said the two governments should cease and desist on tariffs. "Tariffs are bad-there is no such thing as a good trade war," he said, rebutting a Trump tweet earlier that said "a trade war is good and easy to win".

Roach said the two countries should focus on building a more robust WTO framework to handle trade disputes within the structure of the rules-based system that both have long supported.

He warned that over time, there is a risk that perception becomes reality-that the US starts to believe that China is stealing proprietary technologies, and China believes that the US is attempting to contain its peaceful rise.

"The longer the current dispute festers, the greater the chance those beliefs become deeply ingrained in the collective conscience of both nations. The urgency to resolve the current tensions cannot be emphasized enough," Roach said.

|<< Previous 1 2 3 4 5 6   
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
CLOSE
 
主站蜘蛛池模板: 国产日韩精品一区 | 亚洲www啪成人一区二区麻豆 | 91免费片 | 91福利精品老师国产自产在线 | 国产一级毛片午夜福 | 日韩激情中文字幕一区二区 | 日韩欧美一区二区三区在线视频 | 69pao强力打造免费高清 | 欧美精品无需播放器在线观看 | 色综合久久中文字幕网 | 97中文| 色综色天天综合网 | 亚洲无线视频 | 国产精品v在线播放观看 | 日韩一页 | 久久草在线视频 | 久久久久久久久日本理论电影 | 日本不卡在线观看免费v | 日韩成人免费视频播放 | 欧美精品第一页 | 天天看天天干 | 99久热国产精品视频尤物不卡 | 日本xxww视频免费 | 小明永久成人一区二区 | 看一级毛片 | 欧洲免费在线视频 | 久久精品道一区二区三区 | 亚洲在线视频观看 | 日本高清视频免费在线观看 | 色婷婷精品视频 | 国产乳摇福利视频在线观看 | 美女性视频网站 | 6080yy免费毛片一级新视觉 | 国产不卡免费视频 | 黄色a一级视频 | 亚洲AV久久无码精品九号 | 欧美精品成人一区二区三区四区 | 91精品国产综合久久久久蜜臀 | 锵锵锵锵锵锵锵锵锵好大好湿软件 | 日韩一级片在线免费观看 | 中文字幕在线精品 |