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
Opinion
Home / Opinion / Editorials

Free trade the lifeblood of Asia-Pacific economy

China Daily | Updated: 2016-11-21 07:13

Free trade the lifeblood of Asia-Pacific economy

People walk outside the International Media Center (IMC) of the 2016 APEC Economic Leaders' Week in Lima, capital of Peru, on Nov 15, 2016. [Photo/Xinhua]

The gloom over the future of free trade evident at the Asia-Pacific Economic Cooperation Economic Leaders' Meeting in Lima, Peru, is a symptom of the worldwide uncertainty that has resulted from Donald Trump's victory in the US presidential election.

US President Barack Obama, who will hand over the White House to Trump in January, has assumed a fireman's role, assuring the United States' allies and partners everything will be fine. But the worries will continue to linger until Trump takes office and proves, with credible moves, these fears were unnecessary. Strong as it is, the widespread anxiety over the US president-elect's policy orientations are in no way irrational.

Along his campaign trail, Trump continually expressed a protectionist, anti-free-trade inclination, from scrapping the Trans-Pacific Partnership Agreement to re-negotiating the North American Free Trade Agreement. These remarks may have been simply campaign rhetoric meant to appeal to voters that will subsequently fall by the wayside, as some assume. But judging from the prevalent worries voiced in Lima, they are being taken very seriously by those gathered there for the APEC meeting.

Still, we subscribe to the incumbent US president's advice to wait and see, and believe his successor will not want the worst-case scenario to materialize. For, of course, the impact of protectionism on global trade and the ailing world economy would be disastrous.

And it would be equally unaffordable for Americans if the Trump administration turned its back on free trade.

The US has been a champion of free trade because it thrived on it. In spite of all the complaints about job losses, trade deficits and everything, the US as a country has benefited tremendously throughout the process of globalization.

Something has gone seriously wrong with the Obama administration's strategic decisions, which calls for retrospection and correction for the US' own good. But that certainly does not include its judgment that the US should engage more closely economically with the robust Asia-Pacific, though its ensuing pivot has proved problematic and divisive.

In his APEC CEO Summit speech, President Xi Jinping promoted a free trade agreement involving all 21 APEC members. The TPP is inherently defective not only because it is narrow in scope-just 12 members-but also because its exclusive nature and antagonist approach may effectively break up APEC, rendering development-oriented cooperation impossible.

An APEC free trade agreement, on the other hand, would serve all stakeholders well, make APEC stronger, and dovetail easily with other existing regional free trade arrangements.

Most Viewed in 24 Hours
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: 久久九九精品 | 久久伊人免费 | 亚洲精品高清在线观看 | 在线成人免费视频 | 久久久久久av | 欧美激情第二页 | 亚洲欧美另类日韩 | 欧美一区二区久久 | 男女啪啪免费 | 韩国精品久久久 | av黄色小说| 午夜在线观看视频网站 | www.精品 | 99久久久久成人国产免费 | 日韩视频欧美视频 | 亚洲欧美日韩国产 | 亚洲国产精品99久久久久久久久 | 午夜色综合 | 熟女少妇a性色生活片毛片 欧美福利在线视频 | 国产黄色片视频 | 国产精品第3页 | 亚洲字幕av一区二区三区四区 | jizzporn| 欧美黄色小视频 | 日本黄色大片免费看 | 久久久久久久久爱 | 国产精品毛片久久 | 99久久99久久精品免费 | 韩国jizz| 日韩在线视频第一页 | 久久黄色小视频 | 香蕉精品视频在线观看 | 欧美精品一二三 | 色综合久久久久 | 日韩三级视频在线观看 | 伊人精品一区二区三区 | 久久这里只有精品6 | 中文字幕理伦片免费看 | 久久福利网站 | 欧美成人精品在线观看 | 色老头一区二区三区在线观看 |