U.S. Would Recognize China Fulfills its WTO Obligations If Not Blinded by Cold War Mentality
Anyone who is not ideologically blinded by cold war mentality would clearly recognize that China has fulfilled its WTO obligations .
Anyone who is not ideologically blinded by cold war mentality would clearly recognize that China has fulfilled its WTO obligations .
The world is on tenterhooks waiting for the next moves from the Trump Administration in terms of the draconian tariffs he has threatened to place on China as well as on a number of other countries, including our close neighbors Canada and Mexico.
In the course of development, China will undoubtedly be confronted with various challenges, but we must not complain, knowing that with confidence and resolve we can achieve our goals.
It involves the world’s two biggest economies and the trade volume involved also represents a record in decades.
The USTR published on Friday a list of Chinese goods subject to additional Tariffs. The “punitive tariffs” on about $50 billion of Chinese products will burden the world’s two largest economies, China and US.
Backed with American superpower, the Trump Administration went against its words and continued its unfair and unjust trade actions. Unfortunately, it’s reckless actions will only burden the economy of the two countries and hurt the global economy.
The historic Kim-Trump summit in Singapore on Tuesday has attracted worldwide attention. But the top-down start would really need multi-party support if the commitments of the communiqué are to be realized.
China and the US, the world’s two biggest economic entities, had a third round of trade consultation on June 2-3.
American missile destroyer “Higgins” and guided missile cruiser “Antietam” sailed into waters within 12 nautical miles from the Xisha Islands on May 27, and the US declared that it would conduct maneuvers in waters around Zhongjian Island and Yongxing Island.
Regardless of the current political climate between China and the US, one thing that is unlikely to be hampered is the growth of cultural exchanges between the two countries.
Decline seems to be inevitable for us mortal beings and nearly everything that we are a part of. Empire and global hegemony, as we now know, are no exceptions.
Each word as written into the statement was weighed by the two sides to best reflect their respective perspectives on the agreements achieved.