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Zhuyeqing


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PostPosted: Sat 13 Oct - 07:02 (2018) Reply with quoteBack to top

The government is yet to response to the allegations. Enditem

By Dr. Ulf Henning RICHTER and?Yuanyu MU

Chinese President Xi Jinping met lately with U.S President Donald Trump in Trump’s private mansion Mar-a-Lago in Florida, the first official meeting since the new U.S.government took office in January.

The two world leaders aimed to open a new page of their bilateral relationship and discuss issues of common concern nike air max 90 sale outlet , in particular the large U.S. trade deficit with China which may cause protectionist measures by the U.S. and other issues in the " four pillar" dialogue mechanisms.

Trade between the two economic giants has increasingly drawn the public’s attention. The bilateral trade volume amounted to 519.6 billion dollars in 2016, and continues to grow. However nike air max sale outlet , the U.S. trade deficit with China is rather troublesome for a president that has been swept to power by the slogan “America First”.

Sino-U.S. trade has greatly benefited the people of both countries, and the world economy at large. The trade deficit has been caused by the growing hunger of the U.S. for cheap consumer goods such as electronics and clothing air max 2017 sale outlet , as well as machinery.

The trade deficit only tells half of the tale though since many U.S. manufacturers have outsourced production, shipping raw materials or low value parts for assembly to China air max 90 sale outlet , and reimporting the finished goods back to the U.S., most famously Apple’s iPhone manufactured by Foxconn.

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PostPosted: Sat 13 Oct - 07:02 (2018) Back to top

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