在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

Making trade just, responsive

By Zhong Nan and Ren Xiaojin | China Daily | Updated: 2018-08-20 09:04
Share
Share - WeChat

China spearheads efforts to reorient the WTO amid a rising tide of unfair protectionism

President Donald Trump-led US administration may be fond of trade tariffs and protectionist measures, but how anachronistic such an approach in the age of the World Trade Organization is, becomes starkly evident in Port Elizabeth.

On the outskirts of South Africa's shipping hub, machines at busy manufacturing facilities create a robust hum that is as manly as the products they create: all kinds of trucks, cars and other customized commercial vehicles.

Here, automobile-makers such as China's FAW Group Co and Beijing Automotive Industry Corp or BAIC produce vehicles with the help of Japanese and German industrial robots that assemble and spray-paint parts.

The finished products are loaded onto a vehicle carrier of a French company, to be shipped to Port of Djibouti, for clients that include Ethiopian Airlines and the Ministry of National Development of Eritrea. Many vehicles are also dispatched to customers across the rest of the world.

Conceivably, if their dispatch is disrupted or delayed for whatever reason, all hell will likely break loose across the globalized world.

Port Elizabeth offers two unmistakable lessons: one, that this is an economy-first world where smooth and rule-bound international trade is essential; and two, any disruption to trade will likely entail potentially catastrophic consequences.

Industry observers said these lessons ought not to be lost on the Trump administration, which has been creating chaos in the global trading system through its unilateral tariffs.

Such tariffs, designed to hurt many economies such as China, Russia, Turkey, Mexico and the European Union, also underline an urgent need for solid universal rules for global trade, they said.

Although China joined the WTO in 2001, it has since shared its manufacturing prowess, technologies, investment and access to its markets with the rest of the world. In the process, it has become an indispensable member of the global trade, helping stabilize the system.

"Without WTO membership, it would have been impossible for China to seize the rare window of opportunity and time to boost its economic development," said Mei Xinyu, a researcher at the Beijing-based Chinese Academy of International Trade and Economic Cooperation.

But, international cooperation that took decades to crystallize, is now under threat from rising protectionism and unilateralism of the kind that the United States has embraced in recent months, experts said.

1 2 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲免费视频一区 | 欧美成人精精品一区二区频 | 国产免费看黄网站 | 欧美日韩一二 | 国产精品人成在线播放新网站 | 日本高清视频在线播放 | 四虎永久网址 | 午夜亚洲福利 | 免费www xxx| 日韩av手机在线免费观看 | 色婷婷亚洲国产女人的天堂 | 国产一级毛片电影 | 91精品国产欧美一区二区成人 | 免费看的黄色网 | 9191在线| 四虎影院最新地址 | 在线久草| 操操日| 羞羞视频网页 | 国产日本欧美在线 | 久久99蜜桃综合影院免费观看 | 91香蕉视频 | 日韩特黄一级欧美毛片特黄 | 欧美一级一级一级 | 中文亚洲| 日韩快播电影网 | 日韩欧美久久 | 欧美日韩亚洲国产 | 成人激情视频免费观看 | 国产精品国产三级国产aⅴ无密码 | 国产一级视频 | 国产激情久久久久影院小草 | 毛片网站在线 | 国内福利视频 | 亚洲精品日韩色噜噜久久五月 | 精品xxxx户外露出视频 | 久久精品一 | 日韩不卡一区二区 | 免费在线亚洲 | 国产亚洲一区二区三区在线 | 久久首页|