China Development Forum: Delegates' voices on China-US trade
Updated 20:38, 20-Sep-2018
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The ongoing trade tensions between China and the US is a topic of discussion at the 2-day Fall Session of the China Development Forum. So what are experts' voices and opinions on this issue, and what do they suggest? CGTN reporter Zou Yun has more.
A tough stance on China.
STEPHEN ORLINS, PRESIDENT NATIONAL COMMITTEE ON US-CHINA RELATIONS "I think we need to take a much harder look at China, our trade with China is more than just a little one-sided, China sells in the US about 4 times what we are allowed to sell in the Chinese market."
And who does it come from?
STEPHEN ORLINS, PRESIDENT NATIONAL COMMITTEE ON US-CHINA RELATIONS "That was written by president Trump, you know when, in the 1990s."
Experts at the Fall Session of the China Development Forum say this means the notion of pushing hard on China has long been a fundamental belief of President Donald Trump. Many say it's the wrong attitude.
LI CHENG, SENIOR FELLOW BROOKINGS INSTITUTE "I'm more critical at the moment, about president Donald Trump's China policy, and overall Washington's establishment study of China."
William Zarit is Chairman of the American Chamber of Commerce in China. He says surveys show that if the Trump administration proceeds with 200 billion US dollars of tariff hikes on Chinese goods, US companies in China will suffer via the US tariffs. Zarit says that's ironic, given that the tariffs are designed to impact the Chinese economy.
WILLIAM ZART, CHAIRMAN AMERICAN CHAMBER OF COMMERCE IN CHINA "3 out of 4 companies are adversely affected by US tariffs, and maybe 60 percent are adversely by Chinese tariffs. So the companies, remember these are folks doing business in China.
Others at the forum claim that whatever the US is demanding, it's very much in line with what the Chinese government promised or planned to do.
HUANG YIPING, PROFESSOR PEKING UNIVERSITY "Protecting intellectual property rights, opening up the service sector, and upgrade industry using industry policy. It's all detailed in the comprehensive reform program from the third plenary of the 18th Party's Congress."
ZOU YUN BEIJING "Experts at the forum share the belief that the nature of China-US economic cooperation is win-win and mutually beneficial. Trade frictions will not only hurt these 2 countries, but many other nations throughout the global supply chain. Experts say before this issue is resolved, the US needs to be crystal clear about what it really wants. And as for China, it must push forward with its reforms and opening up. ZY, CGTN, BJ."