China’s industrial strengths must also benefit its trading partners

According to a report by SCMP… The European Commission is pressing China for progress by next month to address the widening EU-China trade imbalance, and raising the possibility of new protectionist trade policy. The deadline raises a question: how should China and its trading partners address perceived economic imbalances while sharing the benefits of Chinese industrial competitiveness?
China’s merchandise trade surplus approached US$1.2 trillion last year even as other exporting economies press for controls. “Overcapacity”… complete report is on below link. Source: https://www.scmp.com/opinion/china-opinion/article/3368293/chinas-industrial-strengths-must-also-benefit-its-trading-partners?utm_source=rss_feed