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.
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.
As the Sino-US battle gears up, Latin America is quickly becoming one of the affected areas. In response to the new international environment, Latin America must adapt its long-term passive approach in the US-Latin America relationship and look to follow a favorable development path. This adjustment will create new opportunities for Sino-Latin American trade.
China’s intention is to protect the authority of WTO and its rules, and to protect China’s right of development. These two principles are unshakable.
US trade wars are nothing new. The United States has repeatedly initiated trade sanctions towards those it considers “disobedient countries” and Japan was one of them.
Four new concrete measures have been unveiled to advance reform and opening-up at the Boao Forum for Asia Annual Conference 2018. What do experts think of the measures? What do they signify for reform and opening-up?
Economists share views on current economic issues and forecast the future of Asia’s economy.
President Xi Jinping delivered a keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2018 on Tuesday.
Over the past 17 years, the BFA has become a major platform for Asian countries to express views and debate the economic development of the region.
The year 2018 is the 40th anniversary of China’s reform and opening-up and also a crucial year for economic structural transformation.
China has met all its annual development targets set in last year’s government work report, the State Council said Thursday. The 36 quantitative goals for 2017, including annual economic growth of around 6.5 percent, were accomplished perfectly, according to a State Council report tracking the progress of last year’s government targets.