China tries to diminish the effects of a trade war on his economy


Chinese leaders have sent a clear message about Trump’s administration’s effects of administrative tariffs: things will be painful, but this is nothing with which the Earth cannot handle.

AND comment On Sunday, the Communist Party, the People’s Diary, said that Beijing had prepared for a trade war with the United States and that China could potentially emerge as strong as a result.

“Tariff abuse by the United States will have an impact on China, but” Heaven will not fall, “he said.” China is a great economy. We are strong and resistant faced with American tariff harassment. “

The comment stressed that China hopes to be positioned because the tariffs cause an increasing economic disorder. He wants to consider him a responsible champion of a fair trade that is too powerful to succumb to us.

China also sought to project solidarity with other countries that targeted US tariffs on Sunday in other comments from state media.

In this work, China accused the United States of trying to “subjugate the existing international economic and trade order” by putting “the interests of the US above the common good of the international community”. Washington has also progressed “American hegemonic ambitions at the cost of legitimate interests of all countries,” stated.

The Chinese projection of relative power requires serious damage that the Tariffs of Trump’s administration tariffs can potentially apply to the country.

Mr. Trump is bidding for the transformation of the global trade system currently dominated by China. And the export remains the strongest growth engine at a time when China is trying to dig into a property crisis and solve other major economic problems.

Nevertheless, people’s daily comments claimed that China was ready during Mr. Trump’s tariff because she no longer rely on the US market for her exports. He also said that Chinese banks were well capitalized and had space to bring more money into the domestic economy. And claimed that he could reciprocate the United States with a series of new regulatory tools.

Some of these tools were used on Friday when China replied to Mr. Trump’s tariff Putting 11 US companies on an unreliable list of entities and 16 more on the export control list. He also announced export controls in medium and difficult rare countries. In addition, this struck US goods with 34 percent tariffs to align with duties imposed on Chinese goods.

For months, China has been trying to participate in a high -level conversation with Trump’s administration in preparation for a potential reference between Mr. Trump and the best Chinese leader, XI Jinping. But Beijing struggled to get a lot of answers from the White House, despite the fact that Mr Trump said earlier this year that he was open to cooperation with Mr. Xi.

Chinese answers to Two more circles Of the 10 percent of the Tariffs imposed by the United States earlier this year, they were calibrated to leave the door open to negotiations. Some analysts have said that the countermeasures are also designed on Friday.

The daily comment of people said that China “did not close the door for negotiations”, but that it would be prepared for the worst. It said the crisis would be forced into China to continue the reform of its economy to rely more on its huge domestic market.

“We have to turn pressure into motivation,” it was said.

Because of all her courage to serve American tariffs, China also censored criticism of her own move to impose the retaliation of the tariff.

On Friday, a researcher at the Chinese Academy of Social Sciences on social media wrote that Chinese countermeasures are “completely wrong”.

“The United States shoots in the feet of tariffs, so we should not shoot and the foot,” wrote the researcher, he bin, who was the deputy director of the Academy’s Public Policy Research Center. “The correct countermeasure is a one -sided zero tariff on imports from all countries.”

The Lord, posted a comment on his personal Wechat moments, which are only visible to his friends and a bit similar to the private Facebook page. But the screenshot of the post quickly began to circle the wider.

Then, on Sunday, the Chinese Academy of Social Sciences announced that it is off The center where the gentleman worked. He did not give a reason to close, but cited the internal regulations over the management of research centers. These regulations state This focuses, among other things, “it must adhere to the correct political direction.”

The shots of the Lord’s screen, he is a comment also gray on Weib, another social media platform.

The center may have already been under intensive supervision: its director Zhu Hengpeng was detained and removed from his posts last year after allegedly giving comments critical of Mr. XI in a private group chat, Reported Wall Street Journal in September.

At the Chinese social media, nationalist commentators cheered the closure of the center and connected it with the Lord, he is comments. “Decision supports the spirit of the Central Government Directive!” wrote a military blogger with 4 million followers on Weibou.



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