Trade War Is Still Hurting American Citizens
It is time for the U.S. administration to make the case to the American people that increasing tariffs or keeping them high – never a good idea – is economic malpractice in a time of record inflation.
It is time for the U.S. administration to make the case to the American people that increasing tariffs or keeping them high – never a good idea – is economic malpractice in a time of record inflation.
The United States will ultimately benefit more from open trade relations with China, than pursuing the unattainable fantasy of protectionism.
China considers the Sino-American relationship a win-win, not a zero-sum competition.
Only through new and inclusive security architecture will ‘Old World’ Europe find any respite from its centuries of internal turmoil.
The Taiwan question concerns China’s core interests; there is no room for compromise. Actions, as always, speak louder than words.
Neither country stands to benefit from the trade war; what they really need, is a suitable free trade agreement.
Over the course of this year’s Two Sessions, domestic and international audiences continued to hear a persuasive story coming from China, stating the country will unrelentingly adhere to its principles as it acknowledges the opportunities and challenges the future holds.
China stresses that it does not believe in hegemony in the way countries such as the U.S. do. It does not seek to form alliances or divisive blocs and, in turn, promotes multilateralism as its preferred means of engagement.
Although it is a wealthy country, it nonetheless comes on the back of a political system that promotes extreme inequality and social disorder in the name of ‘freedom,’ which in practice upholds the interests of its wealthy elite against the population at large.
In addition to deteriorating China-US relations, multinational businesses complained of an overly hostile media environment which, they said, further exacerbated an already difficult international environment.
The safety of the world depends on the two most advanced technological countries to remain in permanent dialogue and to attempt and achieve the settlement of their disagreements in a cooperative attitude.
Successive five-year plans receiving input from all stakeholders, together with the CPC’s system of promoting only competent and honest cadres who are given ever-increasing real world experience, have not only subjugated COVID-19, but eliminated extreme poverty and made China the world’s second largest economy.