English News
The IMF official called on economies around the world to "de-escalate and resolve the current trade disputes", and urged countries to work together to build a global trade system that is "stronger, fairer, and fitter for the future."
English News
“From Wisconsin to South Carolina, small businesses are starting to lay off employees because of Trump's tariffs. Many firms have warned that the worst is yet to come, ”said a Business Insider report.
English News
The economist feels very anxious about the current US trade policy. During the two World Wars, the US tariff policy aggravated global economic crisis. Learning from this, the US Democrats and Republicans generally supported multilateral free trade mechanism, except the Trump administration.
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“Chinese products feature low price, high quality, high production efficiency and high transportation speed,” he noted, explaining that it was a result of Chinese factories’ advanced production equipment and China’s first-class infrastructure.
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Many enterprises established factories or supply chains in China as early as in the 1980s, he noted, adding that these enterprises would like to see an end of the trade war and hope the two governments to solve problems through conversation.
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Washington’s attack on China’s subsidy policy shows its ignorance to the fact that subsidies are widely used by many countries and regions, including the US itself. Certainly, the US also shuts its eyes to China’s conscientious compliance with WTO rules and its efforts to press ahead with reform to
English News
“In my view, the tariffs don't really help with the goal of reassuring American manufacturing. The tariffs on manufacturing will probably be negative,” he added. Tariffs also don't help the global economy. I'm particularly concerned with emerging markets. There is already a lot of stress in currenci
English News
A well-recognized fact is that within the framework of Belt and Road cooperation, Asia, Africa, Latin America and some other developing regions are accelerating their pace in infrastructure construction to better share the development dividends of world economy.
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The US side should be aware that China’s huge efforts and achievements with regard to intellectual property rights protection should not be ignored, and the Chinese government’s encouragement to Chinese business to go global should not be distorted as attempting to acquire advanced technologies thro
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The China-proposed Belt and Road Initiative, the Asian Infrastructure Investment Bank (AIIB), and China’s efforts to boost solidarity and cooperation with countries and regions under the frameworks of the Forum on China-Africa Cooperation, the China-Arab States Cooperation Forum, and the China-Commu
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The change of America’s industrial structure in the past decades to a large extent resulted in the widening gap of income distribution. The US is still a global leader in high-end manufacturing, and is moving toward smart manufacturing. As a result, the fall of traditional manufacturing is inevitabl
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A fair, equitable and mutually beneficial trade globalization brings a sense of gain to people around the world, while trade frictions will only harm the rights and interests of both sides concerned, said Han, adding that China is confident to address both challenges and opportunities in China-US tr