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 / Top News

China says it safeguards free trade

By Jing Shuiyu, Zhang Yunbi and Hong Xiao | China Daily Global | Updated: 2019-05-23 22:58
Share
Share - WeChat

Shanghai Cooperation Organization communique hits out at protectionism

China's recent moves against US pressure regarding bilateral trade friction are aimed at safeguarding its justified legal rights and interests, the norms of international relations and the free trade system, State Councilor and Foreign Minister Wang Yi said on Wednesday.

Speaking to reporters on the sidelines of the Shanghai Cooperation Organization Foreign Ministers' Meeting in Bishkek, Kyrgyzstan, Wang said the Chinese side stated the facts and reality of the matter and won widespread understanding and support from the other ministers taking part in the meeting.

The joint communique of the meeting said SCO member states should jointly oppose unilateralism and protectionism in any form, Wang noted.

China's door is open if the United States is ready for consultations on an equal footing, but otherwise China will resolutely react, Wang added.

Leading Chinese economists urged the United States to correct its protectionist measures and stop disrupting the world order, while a new United Nations report concludes that high trade tensions and policy uncertainty are damaging global economic growth prospects.

Justin Yifu Lin, dean of the Institute of New Structural Economics at Peking University and former chief economist at the World Bank, said the US runs a trade deficit with China as it purchases more goods from the latter for lower costs and higher quality.

"Trade occurs on a voluntary basis," Lin said. The US has the ability to make the products domestically, but the costs can be very high, he said.

A trade imbalance has been at the center of China-US trade disputes over the past few months. The tensions have been extended beyond trade, which was manifested by Washington's tightening of restrictions on Chinese companies.

The real intention of the US government's recent moves is to contain the development of China and maintain its position as the world's leading economy, Lin said.

Zhou Shijian, senior fellow with the Tsinghua Center for US-China Relations, warned that Washington's protectionist measures would backfire, and he urged the US government to alter its stance as soon as possible.

"The US measures turned out to be unhelpful," Zhou said, citing data from the US Census Bureau that showed the US goods trade deficit reached a record $891.3 billion last year.

US consumers and companies are bearing the costs brought by US tariffs imposed on other countries, and this will remain the case for the foreseeable future, Zhou said.

Chen Wenling, chief economist of the China Center for International Economic Exchanges, said the US government will "pay the price" for its protectionist behavior.

"It (the US) is disrupting the world order, causing the global economy to weaken, and destroying the trade rules," Chen said.

A further escalation of the trade dispute between the US and China would threaten short- and medium-term global growth prospects, according to the United Nations World Economic Situation and Prospects mid-2019 report released on Tuesday at the UN headquarters in New York.

The report said that global merchandise trade volume growth has slowed more sharply than expected, particularly in late 2018 and early 2019.

Data from the US Census Bureau showed that bilateral merchandise trade between the two countries has declined by more than 15 percent since September 2018.

Contact the writers at [email protected]

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: 久久青 | 亚洲国产午夜电影在线入口 | av在线成人 | 午夜电影合集 | 欧美精品一区二区在线电影 | 中文字幕在线不卡 | 天天拍天天干天天操 | 九九久久亚洲综合久久久 | 青青草国产精品欧美成人 | 久草资源网站 | 日韩精品一区二区三区中文字幕 | 天天草比| 欧美乱操 | 色综合五月 | 蜜桃视频一区二区三区 | 午夜视频一区二区 | 国产精品免费一区 | 91免费视频网站 | 亚洲欧美日韩中文不卡 | 亚洲好视频 | 仇爱电视剧泰剧在线观看免费播放 | 日韩精品一区二区三区中文字幕 | 91看片淫黄大片欧美看国产片 | 欧美色偷偷亚洲天堂bt | 久草视频手机在线 | 午夜免费看片 | 亚洲一区播放 | 亚洲福利| 免费黄色大片在线观看 | 狠狠色狠狠色综合久久第一次 | 国产成人精品免费视频大全可播放的 | 国产精品单位女同事在线 | a久久| 国产精品亚洲第一 | 久久免费看少妇高潮A片麻豆 | 欧美精品一区二区三区在线 | 国产精品久久久久久久免费大片 | 亚洲第一页视频 | 久久久久久久久国产 | aaaaaaa片毛片免费观看 | 99热久久这里只有精品6国产网 |