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Monday, May 21, 2018
Easing China-U.S. Trade Frictions Goes Through A Long Process
ANBOUND

The joint statement issued after the China-U.S. trade negotiation. That shows overall the United States gained a lot of what it wants. China made sincere concessions that have taken constructive step toward improving the bilateral trade relations. Temporarily, the market had a relief under the current situation. The easing of trade frictions between China and the United States may go through a long process. The challenges are still ahead. As China's import increase bring to the trade structure adjustment, a number of Chinese companies domestic would see competitive pressure greater in front..

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