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Economic talks key to avoid Sino-US trade war

2017-07-26 09:55:24       source:Global Times

July 25, 2017


The first China-US Comprehensive Economic Dialogue (CED) concluded in Washington recently. Many Western commentators noted that it produced no major breakthroughs. It's overly optimistic, if it's not naïve, to expect Beijing and Washington could address their economic and trade differences in one sitting. Almost all major powers in the world find it difficult to deal with the Trump government's aggressive global trade policy. It will take a long time for Beijing and Washington to rebalance their economic relations. During this process, strategic patience is required.

Trump's international economic policy is characterized by economic nationalism.


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