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[size=36]China to hold first international import exhibition to face trade war launched by Trump[/size]
02:49 - 06/11/2018
Following
this week's economic capital, Shanghai, the first international import fair, a demonstration that looked more like a response to the trade war launched in July by Trump angered by the huge deficit accumulated in his country.
Without naming the United States, the Chinese president denounced "protectionist and isolationism," saying all countries should "clean up in front of her door.
Washington has imposed 10 to 25 percent tariffs on Chinese goods this year for what it calls unfair trade practices by Beijing and is set to raise 10 percent to 25 percent by the end of the year.
"China, now the world's second-largest economy, can open its doors," said Kenneth Jarrett, president of the US Chamber of Commerce in Shanghai.
Foreign companies and governments regularly complain of barriers in China with vague, bureaucratic and discriminatory laws vis-a-vis Chinese public enterprises and a very relative protection of intellectual property.
China ranks 59th among 62 countries. The Organization for Economic Cooperation and Development (OECD) evaluated the extent of its openness to foreign investment
this week's economic capital, Shanghai, the first international import fair, a demonstration that looked more like a response to the trade war launched in July by Trump angered by the huge deficit accumulated in his country.
Without naming the United States, the Chinese president denounced "protectionist and isolationism," saying all countries should "clean up in front of her door.
Washington has imposed 10 to 25 percent tariffs on Chinese goods this year for what it calls unfair trade practices by Beijing and is set to raise 10 percent to 25 percent by the end of the year.
"China, now the world's second-largest economy, can open its doors," said Kenneth Jarrett, president of the US Chamber of Commerce in Shanghai.
Foreign companies and governments regularly complain of barriers in China with vague, bureaucratic and discriminatory laws vis-a-vis Chinese public enterprises and a very relative protection of intellectual property.
China ranks 59th among 62 countries. The Organization for Economic Cooperation and Development (OECD) evaluated the extent of its openness to foreign investment
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