Global EditionASIA 中文双语Français
Business
Home / Business / China US trade tensions

US should consider tariff impact on its economy

By Ren Xiaojin and Jing Shuiyu | China Daily | Updated: 2018-08-28 10:18
Share
Share - WeChat
Cui Fan, a member of the China International Economic and Trade Arbitration Commission. [Photo provided to China Daily]

Cui Fan, a member of the China International Economic and Trade Arbitration Commission, said the US accusation against China of taking advantage of foreign trade is a false proposition, as China has no obvious trade imbalance.

"The proportion of foreign trade in GDP remains at a normal level. As the country keeps opening up its market, it is possible for the proportion to drop in the future, and a trade deficit may even occur," Cui said.

Instead of slapping tariffs on each other, the trade dispute will only be resolved by negotiations, and this is just a matter of time, Cui said.

|<< Previous 1 2 3 4 5   
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE