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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Protectionism not antidote for fragile global economy: economist

Xinhua | Updated: 2017-03-21 09:18

BEIJING - Given the sluggish world economic growth at present, any protectionist actions would be a nightmare and protectionism cannot be an antidote for the fragile global economy, a US economist said at roundtable talks held in Beijing on Monday.

Attending the roundtable talks on China-US-Canada Relations under President Donald Trump's Administration, Richard N Cooper, a US economist, policy maker and professor at Harvard University, warned against the possible consequences of protectionism.

The world economy is fragile at the present time and any serious move to protection "would kill the world economy away from growth," Cooper said.

According to Cooper, the world economy is entering a period of secular stagnation, and it would be "extremely unwise" to carry out serious protectionist actions at the current time.

Cooper was referring to the upsurging protectionism in the West, which has seen some European politicians preaching protectionism and isolationism to solicit votes.

For the Trump administration, trade protectionism will certainly fail to provide jobs for local Americans, said Cooper, adding that he believes Trump cannot be labeled as an anti-globalizer.

"He is certainly for free trade, because this is for US profit," he said.

For Chinese authorities, the economist said they have been doing well in managing China's economy in the last three decades.

Despite a slight slowdown, China's economy nevertheless had an actual growth of 6.7 percent year on year in 2016, outpacing most other economies and accounted for more than 30 percent of global growth, according to the National Bureau of Statistics.

For 2017, China has set its gross domestic product growth target at around 6.5 percent, taking the lead in rebuilding confidence in the global economy.

"China's share of the world economy will still be growing," Cooper said, expressing confidence in the Chinese government to manage the country's economy well for the next 20 years.

Most Viewed in 24 Hours
Copyright 1995 - . 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
凤庆县| 定南县| 衡南县| 鲁山县| 福海县| 呈贡县| 运城市| 塔河县| 达尔| 玉门市| 灵山县| 乌兰察布市| 郎溪县| 滦南县| 青田县| 汤原县| 山东省| 崇仁县| 新宾| 乌兰察布市| 潜江市| 尉氏县| 侯马市| 武冈市| 建宁县| 浑源县| 辽源市| 新蔡县| 修文县| 三江| 黄冈市| 沙田区| 中阳县| 城市| 贵南县| 淄博市| 阿克| 台东县| 仪征市| 博野县| 大连市|