Scholars criticize US' hostility for China

Countering China has been counterproductive for the United States and hurt global development, according to Chinese scholars, who called for more rational dialogue and cooperation between the two nations.

Although trade friction has created negative impacts on China's growth, the United States has hurt its own manufacturing sector and multinational companies by penalizing Chinese exports, said Liu Yuanchun, vice-president of Renmin University of China.

He said at a seminar that since the US imposed tariffs on Chinese goods, the US trade deficit has worsened. It widened to $55.5 billion in May, up from a revised April reading of $51.2 billion, the US Commerce Department said.