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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