October 26, 2021

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Cautious confidence in China in trade relations with the United States

Cautious confidence in China in trade relations with the United States



Cautious confidence in China in trade relations with the United States


ANP
Cautious confidence in China in trade relations with the United States

BEIJING (AP / DPA / RTR) – Chinese scientific research firm CASS sees a positive signal in an appeal to China from the mother of US trade representative Catherine. The company is in the Chinese state newspaper The Global Times. The mother called for “honest talks” with Beijing on Monday about the rivalry between the two countries.

Toy spoke in Washington about the importance of reconsidering US trade policy on China. The mother said the United States wants to put the interests of Americans, companies, farmers and manufacturers first. The mother also wants to talk to China about former President Donald Trump’s trade deal with the country. According to the Americans, China did not follow the terms of the agreement.

Under Trump, the trade war began. He blacklisted Chinese companies that did not comply with certain rules, such as human rights. His successor, President Joe Biden, has not yet made policy changes despite the promised review and is cutting back on unfair trade practices in hopes of increasing US competitiveness.

Positive signal

“Wanting to speak ‘openly’ is a positive signal because there have always been trade relations, but the word also implies that the United States realizes that trade conflicts need to be resolved more pragmatically,” said one expert, Gao Lingyun. At the Chinese Academy. Social Science (CASS) in Beijing. The Chinese government has long wanted to talk to the United States to resolve the issues.

Another analyst, who spoke on condition of anonymity, said the call showed that US tariffs on Chinese products were no longer “obvious”. The expert says Americans have no alternative to Chinese products and are not trying to push industrial processes out of China.

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Last month, Biden said in a phone call with Chinese President Xi Jinping that the United States would “responsibly control” the rivalry between the two countries. According to the White House, the two leaders discussed “the responsibility not to turn competition into conflict.”