IInssi­id­dee

China Daily (Latin America Weekly) - - Front Page -

The es­ca­lat­ing trade dis­pute ini­ti­ated by the Trump ad­min­is­tra­tion is not meant to ad­dress the trade im­bal­ance be­tween China and the United States, but to curb China’s tech­no­log­i­cal mar­ket ex­pan­sion, ex­perts said on Sun­day.

As China up­grades its man­u­fac­tur­ing base through the Made in China 2025 plan, the US, the world’s only su­per­power, can­not ac­cept this and sees China’s fast de­vel­op­ment as a threat to its global dom­i­nance, said Zhou Mi, a se­nior re­searcher at the Chi­nese Academy of In­ter­na­tional Trade and Eco­nomic Co­op­er­a­tion, a gov­ern­ment think tank.

“There­fore, it is in­evitable for the US to adopt uni­lat­eral and pro­tec­tion­ist prac­tices to stem China’s growth,” he said. • Re­lated st­tor­rieiess,>papg3e3 • Edi­to­ri­all, p>apg8e 11 • Com­ment, Com­ment page 12

The US gov­ern­ment’s dis­trust of China can be found in its Na­tional Se­cu­rity Strat­egy re­port is­sued in De­cem­ber, which men­tioned China 33 times and de­fined China as its “com­peti­tor”. The Trump ad­min­is­tra­tion claimed that China at­tempted to chal­lenge the US sta­tus and poses a threat to US pros­per­ity and se­cu­rity.

“The US has fo­cused more on the ser­vice sec­tor and spent over $5.5 tril­lion in wars in Afghanistan and Iraq over the past 17 years. It didn’t pay much at­ten­tion to up­grad­ing its man­u­fac­tur­ing sec­tors, ur­ban­iza­tion and

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.