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US' hegemonic pursuit bad for world economy

China Daily | Updated: 2018-07-07 07:15

China has no intention of waging a trade war with any country, nor has it ever fired the "first shot" in a trade dispute that led to a trade war, as it knows there is no winner in a trade war.

Once a trade war starts between the United States and China, the world's two largest economies, the biggest losers will be the two countries, but the rest of the world will suffer too.

However, there are three US officials who think otherwise. They believe maintaining the absolute hegemony of the US and pursuing personal gains outweigh the wisdom of US businesses and public, and the well-being of the world.

US' hegemonic pursuit bad for world economy

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