日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / CHINADAILY Editorial

Trade war a bluff in the game of a paper tiger

chinadaily.com.cn | Updated: 2017-01-19 21:13

Some hawkish members of the Donald Trump team have repeatedly adopted war-like rhetoric about the incoming administration's trade relations with China and other developing countries. They seem to want to send the message that other countries need the United States more than the other way round.

But like many presumptuous war mongers in the past, they may not see the whole picture or understand history.

The trade war warriors' first miscalculation is not recognizing that the world is now vastly different from the 1980s, when Ronald Reagan, their role model, was US president.

Since then, according to the World Bank, the global total of merchandise exports has climbed more than eight times to almost $16.5 trillion in 2015.

Of this amount, the United States accounts for a little more than 9 percent. So its ability to mobilize enough war efforts against the largest exporter, which accounts for 13.8 percent, cannot but be limited.

Second, according to the World Trade Organization, although China is dependent on the US for 18 percent of its total exports, larger than the US is on China (7.7 percent), China's global reach is more extensive.

Third, as a result of its economic transition that has been underway over the past few years, China is increasingly less dependent on the making of small daily commodities. It has grown to be a versatile manufacturer and, empowered by up to 7 million college graduates every year, is now producing some of the best machinery in the world.

More recently, China has also grown into a worldwide investor, and most importantly in large infrastructure projects and technologies.

Last but not the least, the new administration has promised that the US economy will create 25 million more jobs. Can Trump's trade war lieutenants say what these new workers will produce and, more pertinently, to whom these products will be sold?

If the US is going to produce more, it will have to sell more, and it will have to sell more to the rest of the world. And one of the world's largest, and most rapidly growing group, of consumers will be in developing countries such as China.

So trying to shut out China is unwise, because it is equivalent to shutting out some of the best opportunities that free trade can generate for an economy.

All the trade war threat to China is just the bluffing of a paper tiger.

Editor's picks
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
 
主站蜘蛛池模板: 91久久久久久久久久 | 欧美xxx在线 | 久久精品在线观看 | 精品久久一区二区三区 | 中文无码日韩欧 | 亚洲乱熟 | a级黄色免费视频 | 亚洲精品在| 欧美精品一区二区免费 | 在线视频 一区二区 | 日韩免费在线观看视频 | 欧美一级一区二区三区 | 亚洲精品国产精品国自产 | 少妇特黄a一区二区三区 | 国产福利精品视频 | 欧美天堂在线视频 | 午夜一区二区三区在线观看 | 国产精品久久久久影院 | 午夜黄色大片 | 在线视频天堂 | 色五五月 | 天堂国产在线 | 日少妇视频 | 最新99热| 天堂av网在线 | 男女做羞羞 | 看毛片的网址 | 一级片毛片 | 色婷婷婷 | 日韩欧美高清 | 欧美精品一二三四 | 国产69精品久久久 | 国产成人精品亚洲 | 成人免费看片视频在线观看 | 国产高潮视频 | 成人av片在线观看 | 久久资源在线 | 日韩一区在线视频 | 亚洲国产网站 | 欧美日韩一区二区三区不卡 | 国产一区在线播放 |