Sino-US trade frictions are becoming more and more frequent, which has become the focus of media attention. Hong Kong media believe that the Obama administration's frequent pressure on China over trade issues is in fact seeking more leverage to make the US more profitable in the game of acknowledging China's market economy status. An article in the Hong Kong Economic Daily said November 7 that it is a problem for Mr Obama to expect China to demand recognition of China's market economy status during Mr Obama's visit. As a result, the United States is now expanding Sino-US trade disputes, aimed at bargaining chips. Hong Kong Oriental Daily also believed that China should actively take countermeasures against trade protectionism. Over the years, the US-led Western countries have been waving "trade freedom" and "trade protection" two sticks to China, according to an article published recently in the newspaper. When they need to dump their goods, they chant trade freedom, and when they want to protect their markets, they build a wall of trade protection. China must not have unrealistic illusions about this kind of trade hooliganism, and should be confrontational and break the protectionist barriers. In particular, to seize the United States as the main opponent, a retaliatory blow. Hit the snake dozen seven inches, the thief first catch the king, only to break the protectionist barriers in the United States, other countries do not dare to make rash moves. The Wall Street Journal was disappointed by the Obama administration's propensity for protectionism. In its editorial published on September 15, "President of Protectionism", asked: "What if the United States now appears as the first protectionist president since President Hoover, what does it mean for the world economy?" The editorial says Obama may not want to start a trade war, but once the protectionist impulses are unleashed it will be hard to control, and Obama is giving the world every possible reason to conclude that he is a protectionist. Another article in the Wall Street Journal said it was a dangerous game for American consumers and businesses to be a world economy that needed more trade than a trade war. Earlier this year, the Guardian published an article entitled "The global economic recovery relies on the United States to adopt a new approach to China", the relationship between countries that is linked to the global economic recovery is the US-China relationship, which, if seriously exacerbated, will push the world into a second Great Depression.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.