A simple message from China on US for the world to heed
That Premier Li Keqiang has called on the international community to uphold the basic principles of multilateralism and free trade should make the Donald Trump administration realize how strong is China's resolve to fight trade protectionism.
Addressing the participants at the World Economic Forum in Tianjin on Wednesday, Li emphasized that trade disputes should be resolved through consultation, not confrontation. Coming a day after China was forced to impose tariffs on $60 billion worth of US goods in response to the US imposing tariffs on $200 billion of Chinese imports, Li's statement should remind the US that the tariff war will not resolve any of the issues at stake.
The US-ignited trade conflicts with its trade partners have already caused turbulence in many countries' markets, dampened investor confidence, and risks disrupting the healthy global recovery.
