综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Opinion Line

China not responsible for US trade deficit

China Daily | Updated: 2017-07-27 06:56
Share
Share - WeChat

Need to build a mutually beneficial mechanism

The US' overall trade deficit is the result of its position in the global supply chain, and thus cannot be erased by China. Last year, the computer and electronics sectors' share in the US' total trade deficit was 24 percent-more than $170 billion in actual terms, of which $144 billion was with China. But US imports of computers and electronics from China also include products, parts and services from Japan, the Republic of Korea, Germany, France and even the US itself.

To change its position on the supply chain, the US first needs to overhaul its industrial sector, as history shows using trade policies to solve trade imbalance has never succeeded. Little wonder the US-China Comprehensive Economic Dialogue couldn't achieve any breakthrough in this regard.

That the two sides will continue to hold such talks goes without saying, but the US could feel disappointed again if it insists on using such dialogues to resolve the trade deficit issue.

The World Trade Organization has processed 525 trade disputes in 22 years, among which 39 were against China and 130 against the US, mostly for violating WTO rules, granting unreasonable subsidies, unfair competition, and abuse of trade restrictions.

According to the WTO, the US' trade restrictive measures against the other G20 member countries in the first five months of this year increased by 26 percent year-on-year, while similar measures taken by the other G20 members against the US declined by 29 percent. This makes it obvious the US has become an obstacle to fair trade.

Sino-US trade therefore should focus more on investment, technology, research and development, finance, service trade, protection of intellectual property rights, law, culture, tourism and the joint development of other markets, and building a comprehensive, stable and mutually beneficial mechanism.

He Weiwen, a researcher at the Center for China and Globalization, and former commercial councilor at China's Consulate Generals in San Francisco and New York

|<< Previous 1 2 3   
Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . 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
兴国县| 监利县| 南和县| 兴城市| 伊春市| 莱州市| 喜德县| 漯河市| 南丰县| 黎平县| 葫芦岛市| 合山市| 马关县| 江门市| 德江县| 三河市| 铜陵市| 英山县| 崇文区| 张家港市| 阳信县| 陵川县| 孝感市| 荃湾区| 探索| 册亨县| 运城市| 乳源| 临朐县| 石阡县| 阳信县| 堆龙德庆县| 五莲县| 威海市| 舟山市| 涟源市| 白沙| 商城县| 武强县| 永靖县| 勃利县|