Daily Management Review

Engaging In A ‘Trade War’ Won’t Be Healthy Either For China Or The U.S.


01/25/2017


Experts’ opinion asks both China and the U.S. to maintain “positive trade relations” for avoiding troubles.



Musing over the issues of “protectionist” along with the “anti-China stance” of President Trump, the People's Daily, which is an “overseas edition of the state”, reported that the trade conflicts that is shaping up between the U.S. and China would cause damage to either of them.
 
The commentary in the newspaper went like this:
“If a trade war developed between the two countries, both China and the U.S. would be negatively impacted”.
“In the end neither side would win, it would bring harm to other countries and that harm would be brought to others without benefits to the U.S. or China.”
 
Moreover, the article also noted that being the major countries in the global “supply chains and value chains” means that the fight between them would leave its effect on several other countries. The Head of the “Research Center for Regional Cooperation under China's Ministry of Commerce”, Zhang Jianping, points out:
“At present, China and the U.S. are bound together by trade, investment, finance and other spheres”.
“As the two largest economies in the world, maintaining positive trade relations is beneficial both to China and the U.S. and also the global economy.”
 
 
 
 
 
References:
http://www.reuters.com/







Science & Technology

Large U.S. Study Finds Detection Of Irregular Heart Beat By Apple Watch

Apple to present Netflix competitor at the end of March

Live Human Under-Skin Chip Implantation Takes Place At Barcelona

IDC: Wearable tech gadgets market is booming

Second Patient In 12 Years Becomes HIV Free By Bone Marrow Transplantation

Car-Sharing Platforms Could hold The Key To 5G & Auto Industry Collaboration

Bezos tells about his space plans

Fast Company: Apple isn't the most innovative anymore

U.S. Space Program Could Be Delayed Due To SpaceX, Boeing Design Risks: Reuters

What trends will be affecting the health sector in the coming years?

World Politics

World & Politics

China's expansion into Europe: Italy’s ports are next

US watchdog is accused of violating aircraft certification process

Large Section Of Citizens Unhappy With Public Services & Benefits: OECD Survey

Largest companies reveal volumes of plastic produced by them

US Warning To Germany About Intelligence Sharing Over Huawei Ban

Mercer reveals the world’s safest cities

No vaccinations, no school: Italy’s new law

Why the new Aachen Treaty cannot save France-Germany relation