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“The China-US trade friction is a complicated and systematic issue, which should not be addressed through simply increasing tariffs,” he said, adding that the US should expand exports, ease trade restrictions, and improve trade facilitation rather than the adopting a tariff boost.
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Perhaps China and the US will not know each other better without the trade war. In history, the two countries have been in conflicts for many times. Trump’s tactic of oppressing, blackmailing, denigrating and demonizing China will not work at all.
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The commodity and service trade deficits of the US saw a monthly increase of 7.3 percent in June, the first scale-up in the recent four months, according to the latest data from the US Department of Commerce. It is a proof that the trade war cannot reduce trade deficit.
English News
China’s exports to the US totaled $505.6 billion in 2017 and the value of its imports from the US stood at $ 130.4 billion, according to the US Department of Commerce. If the US tariffs on Chinese goods are imposed at full scale and China’s tariffs on American goods remain unchanged, which means the
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China’s export of high value-added goods is growing rapidly, occupying an increasing proportion. Countries and regions participating in building the Belt and Road have become a new highlight in the export market, said Zhao Ping, director of the Department of International Trade Research at the China
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China is now quite open and will be more open in the future. It will unswervingly promote reform and opening-up based on its own national conditions and try to maintain China's stable development.
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Chinese people really want to avoid a trade war. Considering the unreasonable US demands, a trade war is an act that aims to crush China's economic sovereignty, trying to force China to be a US economic vassal just like Japan accepted the Plaza Accord.
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China maintained a stable economic gesture with growing momentum in the first half of this year, with the major macro-economic indicators in reasonable range and economic structure being optimized. China’s vigorous and resilient economy gives it more confidence and energy to hit back the trade war i
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“China’s GDP rose 6.8 percent year-on-year in the first half of 2018, staying within the 6.7-6.9 percent range for 12 consecutive quarters. This fully demonstrates the strong resilience and inherent stability of China’s economic development, and provides a solid foundation to tackle various risks an
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Kudlow’s remarks can be right on economies such as Japan, and even South Korea and Mexico, but it seems that he has forgotten that China is the largest buyer of soybeans, the largest market of automobiles and communication products, and also the fastest-growing country of internet economy. The futur
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China has produced all kinds of items for the world. Nobody has the right to call international trade "economic aggression." Otherwise, global trade would become global aggression, which is total nonsense. The US should stop politicizing trade and stop stigmatizing and discriminating against China a
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China will forge ahead with reform and opening-up, despite external pressure and challenges. China will not waiver in its determination to further deepen reform and expand opening-up, although in recent years populism, trade and investment protectionism, and anti-globalization have emerged in some W