三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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: 轻轻啪在线视频播放 | 日韩一区二区三区不卡视频 | 黄色片子网站 | 国产一区二区欧美丝袜 | 精品国产免费一区二区 | 黄色大全网站 | 亚洲精品不卡久久久久久 | 欧美真人毛片动作视频 | 日日噜噜噜夜夜爽爽狠狠 | 欧美在线网站 | 国产成人精品本亚洲 | 亚洲精品色一区色二区色三区 | 国产精选第一页 | 伊人中文字幕在线 | 丰满大乳乳液 | 九九在线偷拍视频在线播放 | 中国一级特黄特级毛片 | 国产精品一区二区在线播放 | 女人毛片在线 | 国产在线观看91精品一区 | 在线国产观看 | 97国产在线观看 | 国产精品美女在线观看 | 综合精品视频 | 国产成人高清在线 | 成人黄色一级片 | 亚洲一区免费 | 国产精品亚洲片夜色在线 | 国产片翁熄系列乱在线视频 | 中国帅小伙gaysextubevideo | 视频一区 欧美 | 网址成人| 97一本大道波多野吉衣 | 精品视频在线观看一区二区三区 | 国产精品大全国产精品 | 最新在线精品国自拍视频 | 婷婷亚洲五月色综合 | 在线日本人观看成本人视频 | 日韩一区二区三 | 国产精品视频在线免费观看 | 国产精选在线播放 |