1. LINE

      Text:AAAPrint
      Economy

      Trade war not likely despite U.S. probe

      1
      2017-08-24 10:16China Daily Editor: Wang Zihao ECNS App Download

      Editor's note: The Ministry of Commerce on Monday termed U.S. investigation into Chinese intellectual property practices "irresponsible" and "biased". Washington's protectionist, unilateral approach to bilateral trade issues, it said, risks undermining the progress made by both sides during earlier negotiations and sending out the "wrong signals". Three experts shared their views on the issue with China Daily's Cui Shoufeng. Excerpts follow:

      No need to panic or overreact

      Li Haidong, a professor at the Institute of International Relations, China Foreign Affairs University

      The exit of Steve Bannon, one of the loudest China critics and trade war proponents in the Donald Trump administration, from the White House is being read by some optimists as a "temporary" relief to Beijing. To the discerning eyes, that is illusory.

      Shortly before he was removed as White House chief strategist, Bannon told The American Prospect magazine that the United States and China are locked in an "existential battle" for domination of the global economy. Bannon's White House stint ended on the same day that U.S. Trade Representative Robert Lighthizer formally launched the investigation into so-called unfair Chinese trade practices, likely a farewell gift from the U.S. president he advised.

      With Bannon and a string of other political confidants gone, Trump will have to learn how to work with the Republican establishment and return to the "mainstream". This is not to say Washington's trade policymaking is in safe hands. The latest probe into intellectual property allegations targeting Beijing was bound to happen on the pretext of correcting the U.S. trade imbalance, with or without Bannon in office.

      Bannon's endorsement of economic nationalism and white supremacy contradicts the principles of globalization and cultural diversity enshrined in U.S. politics. His departure was a matter of time, especially after he decided to offer trade war ammunition. But he and his pro-establishment rivals in the divisive Trump administration want the same thing-Beijing's concessions and a major cutback in Washington's trade deficit.

      Beijing is right to emphasize the role of non-government organs in bilateral trade exchanges and the need to cooperate. A "mainstream" Trump team could become more aggressive in "dealing with" the trade deficit with China, as inside the White House opinions were largely divided and undermined by Bannon's call for a trade war. And Trump could be tempted to employ sophisticated negotiation tactics to demand his end of the bargain.

      Despite the challenges, China need not panic or overreact. The Trump administration's policymaking mechanism is still fraught with uncertainties and divisions. That said, China should keep interacting with the U.S. trade policymakers and seek consensus on outstanding issues. It could also try to cooperate with decision-making entities outside the White House to make sure the U.S.' overall China policy is fully debated and balanced.

      China-U.S. relations will continue making headlines before and during Trump's visit to China scheduled for later this year, when Beijing will get an opportunity to further explain the relationship's reciprocal nature to the U.S. public and media.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 黄页网址在线免费观看| 亚洲中文字幕无码久久2020| 久久久久久夜精品精品免费啦| 亚洲中文无韩国r级电影| 福利片免费一区二区三区| 久久免费国产精品一区二区| 午夜免费福利影院| 亚洲精品V天堂中文字幕| 国产免费AV片在线观看| 亚洲AV无码国产精品色午友在线 | 亚洲婷婷第一狠人综合精品| 黄页网站免费观看| 亚洲中文字幕一区精品自拍| 免费大黄网站在线看| caoporn国产精品免费| 国产亚洲一区二区精品| 最近2022中文字幕免费视频| 亚洲一区二区三区深夜天堂| 好男人视频社区精品免费| 亚洲精品无码乱码成人| 国产精品99精品久久免费| 亚洲电影唐人社一区二区| 水蜜桃视频在线观看免费播放高清| 日韩成全视频观看免费观看高清| 国产精品亚洲一区二区无码| 亚洲AV无码一区二区三区在线观看 | vvvv99日韩精品亚洲| 91国内免费在线视频| 亚洲第一成年人网站| 国产在线ts人妖免费视频| 久草免费福利在线| 亚洲国产超清无码专区| 日韩精品久久久久久免费| 亚洲乱码一区二区三区国产精品| 免费A级毛片在线播放不收费| 久久精品免费大片国产大片 | 一级中文字幕免费乱码专区| 夫妻免费无码V看片| 色爽黄1000部免费软件下载| 中文字幕亚洲色图| 13一14周岁毛片免费|