How China and the US Can Achieve Win-win

Caijing Magazine - - 英文摘要 Summary -

China underestimated Trump’s determination in trade and North Korea issues and the significance of reducing bilateral trade deficit for him, said Elizabeth Economy, senior fellow and director for Asia studies at the Council on Foreign Relations, in an exclusive interview with Caijing.

Economy suggests that China should purchase American goods in bulk all at once to show its good will, phase out non-market trade barriers and establish a fair competitive environment, which will create a win-win situation for both sides. If China keeps protecting its economy from overseas competition, it will see a more damaging rift between China and the United States caused by bilateral trade disputes.

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