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US bid to dismantle China's competitiveness is bound to fail: Economist

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The US tariff war is a regressive counter-current and it won't last long, said Guan Qingyou, an economist and president of the Reality Institute of Advanced Finance, in a recent interview with CGTN. The American attempt to comprehensively contain China's market access and dismantle manufacturing competitiveness through blockades is fundamentally implausible, he added. 

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