No delay expected on talks for treaty on investment
The ongoing negotiations for a bilateral investment treaty between China and the United States will not be obstructed or delayed by Donald Trump's new administration as both sides are under pressure to stimulate their economies, experts said on Wednesday.
Their comments came after Trump gained the keys to the White House in the presidential poll. Their optimism was despite the fact Trump previously pledged to impose tariffs on Chinese products to "level the playing field", even though analysts said this would be contrary to the rules of the World Trade Organization.
He Jingtong, a professor of trade policy at Nankai University in Tianjin, said potential political conflict would not occur after Trump took over the reigns of power, because he needed to fulfill his promise to create jobs in the country's manufacturing sector, at least within the next two years.