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

US EUROPE AFRICA ASIA 中文
Opinion / Chen Weihua

Blaming China will not help solve the US' economic woes

By Chen Weihua (China Daily) Updated: 2017-03-17 07:10

Blaming China will not help solve the US' economic woes

Tourists and downtown workers are pictured in front of the New York Stock Exchange in New York, July 8, 2015. [Photo/IC]

Speaking in Michigan on Wednesday afternoon, US President Donald Trump continued to blame the North American Free Trade Agreement for the loss of nearly a third of US manufacturing jobs and China for the loss of 60,000 factories since China's accession to the World Trade Organization.

During the confirmation hearing of US Trade Representative nominee Robert Lighthizer on Tuesday, Democrat Senator Debbie Stabenow from Michigan asked why Trump didn't keep his campaign promise to label China a currency manipulator on his first day in office.

Peter Navarro, director of Trump's new National Trade Council, railed against China's currency policy and blamed China, Germany and others for US trade deficits in his speech at the National Association of Business Economics last week.

It seems that pretty soon, they will blame China for the winter storm that hit Northeast US on Tuesday, paralyzing major cities such as New York and Boston, grounding more than 6,000 flights and killing more than a dozen people.

In sharp contrast, I cannot recall any senior Chinese officials or delegates to the just concluded sessions in Beijing of the National People's Congress, the top legislature, and the National Committee of the Chinese People's Political Consultative Conference, the top political advisory body, blaming the US for such things as the US' disastrous meddling in the Middle East or how the US should be held responsible, at least partly, for the serious pollution in China.

There is ample evidence to support the argument that the manufacturing of export goods to the US and the rest of the world is a big contributor to China's carbon emissions.

While many in the US criticize China for its carbon emissions, they clearly have not thought that US per capita emissions are more than two times the per capita emissions in China and the US is responsible for the historical accumulation of carbon emissions.

Chinese leaders, however, have not used finger-pointing to distract public attention. Instead they have chosen to tackle the challenge by strengthening regulations, investing in clean and renewable energy and switching the economy onto a more environment friendly path.

They clearly know that blaming others for your own problems may deflect public criticism but it does not solve the problems.

For example, China is not manipulating its currency to help its exports, something Premier Li Keqiang made clear at a news conference on Wednesday and most US economists agree. If Trump had named China a currency manipulator on Day One as Senator Stabenow wished, it would only have made the US president a laughing stock.

For the same reason, the US has the largest trade deficit with China but it also ran trade deficit with another 100 countries in 2015. Economists such as Stephen Roach and Robert Reich believe the true problem is not China, but the low saving rate in the US and too many people living beyond their means.

The calculation of the trade deficit has long been misleading because it includes added value from other places such as Japan and South Korea, which have moved their assembly lines into China in the past decades.

In fact, when Trump was speaking outside Detroit, Michigan, he should have acknowledged that China now generates a third of General Motors' global sales. Also, Michigan has attracted $3 billion in investment from China since 2000. Some 300 Chinese companies have made a home in Michigan, creating jobs for Americans.

I have interviewed Michigan governor Rick Snyder and know how passionate he is about the trade and investment relations with China.

Working with China, and looking into its own problem, instead of blaming others, would clearly help the US better solve its economic problems.

The author is deputy editor of China Daily USA. chenweihua@chinadailyusa.com

Most Viewed Today's Top News
...
主站蜘蛛池模板: 日本黄色福利视频 | 久久久精彩视频 | 狠狠干狠狠操 | 久久综合玖玖爱中文字幕 | 免费福利视频在线观看 | 成人av在线网 | 91 在线 | 久久中文字幕免费 | 亚洲一区二区三区在线看 | 亚洲已满18点击进入在线观看 | 国产专区在线播放 | 国产亚洲第一页 | 久久中文字幕一区二区 | 久久欧美精品1024你懂得 | 久久成人18免费网站 | 国产精品久久福利新婚之夜 | 国产精品视频在线观看 | 日韩a视频 | 欧美视频福利 | 国产品久久 | 一区二区三区日本在线观看 | 久久综合丁香激情久久 | 亚洲欧美另类日韩 | 午夜影院在线免费观看视频 | 日本黄页免费 | 久久成人久久爱 | 国产免费小视频在线观看 | 免费午夜不卡毛片 | 欧美精品综合一区二区三区 | 日韩一级在线播放 | 2020天天狠天天透天干天天怕 | 一区二区三区四区在线 | 亚洲国产片高清在线观看 | 青青草免费观看完整版高清 | 五月丁香啪啪. | 操人视频 | 成人黄色短视频在线观看 | 久久久久久久 | 欧美专区视频 | 天天爱夜夜 | 精品久久一区 |