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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Featured Contributors

Trade war averted, but warnings of more friction ahead

By Song Jingyi | chinadaily.com.cn | Updated: 2017-05-25 10:12

Trade war averted, but warnings of more friction ahead

CCG-AEI Round table on Sino-US Economic Relations is held in Beijing on May 18. [Photo provided to chinadaily.com.cn] 

Donald Trump's administration has hailed warming relations with China as details of a new trade deal between China and the United States were released following a meeting between the two leaders at the US president's Florida resort last month.

The deal demonstrates both nations' confidence in economic cooperation and helps to avert bilateral trade friction.

Trump has long been focused on the trade deficit, the excess of imports over exports, as a sign of failing US competitiveness abroad. He particularly targeted China during his election campaign, accusing China of causing the loss of millions of factory jobs and vowing to impose a 45 percent tariff on imports from China. His comments cast a shadow over Sino-US economic and trade relations and led to fears of a trade war after his election.

However, since taking office, Trump has realized the harm of a possible confrontation between the two sides and chosen the smart option of cooperation. Trump's choice is encouraging and enables the world to breathe a sigh of relief.

Wang Huiyao, president of the Center for China and Globalization, a Chinese think tank, praised the trade agreement in a seminar on Sino-US trade cooperation held in Beijing last week. He said it was the first step in a long term strategy that will eventually open China's market to US industries, and that by establishing these friendlier trade ties now, the stage will be set for better negotiations on serious issues later. He also marveled at not only how quickly the deal was agreed upon, but how soon it will go into effect. These types of trade deals typically take months or years, rather than weeks.

CCG senior fellow Jiang Shan echoes Wang's sentiments, saying that the deal is excellent news because it creates momentum for Sino-US bilateral cooperation. It will be conducive to strengthening mutual trust, reducing economic and trade friction, lowering uncertainties in the global economy and financial markets, and charting the course of China-US relations in decades to come.

While many see the deal as a positive advancement, some experts from both countries are warning that plenty of friction still lies ahead and there is a need for a more balanced trade relationship.

Huo Jianguo, former president of the Chinese Academy of International Trade and Economic Cooperation and CCG senior fellow, says the US trade deficit is a problem – but not for the reasons that Trump and other critics seem to think.

Previous 1 2 3 Next

Most Viewed in 24 Hours
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: 五月综合久久 | 天天干天天舔天天操 | 99人中文字幕亚洲区 | 国产国产成人久久精品杨幂 | 国产a精品三级 | 成人免费视频观看视频 | 久草免费小视频 | 自偷自拍三级全三级视频 | 国产麻豆剧传媒精品好看的片 | 天天操天天拍 | 亚洲欧洲成人 | 日韩av电影在线免费观看 | 在线观看免费黄色小视频 | 日韩五码在线 | 久操视频在线观看 | 国产三级在线视频 一区二区三区 | 国产一起色一起爱 | 婷婷国产成人久久精品激情 | 欧美精品1区2区 | 第一次破處在线国语视频播放 | 亚洲视频www | 亚洲精品福利在线 | 国产免费www| 国产精品久久久久久久久久日本 | 伦理一区二区 | 日韩国产欧美在线观看 | 精品久久一区二区 | 99视频久久精品久久 | 久久久久久国产精品 | 欧美成年视频 | 潘金莲强完整版 | 一区视频| 波多野结衣精品一区二区三区 | 精品热久久 | 一区二区电影 | 精品一区二区三区免费看 | 日本久久久久久 | 午夜成人免费电影 | 日韩污视频 | 欧美视频在线播放 | 色婷婷视频在线 |