Boao on Protectionism
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By imposing fresh tariffs on Chinese goods, President Trump sparked a trade dispute between the world's two major economies ahead of this year's Boao Forum. Some of the participants at the meeting have been giving us their views on America's controversial move.
ZHOU WENZHONG SECRETARY-GENERAL, BOAO FORUM FOR ASIA "Trade protectionism is not sustainable. No country can solve its own problems through trade protection, this has been proved throughout history. Donald Trump wants to solve America's problems through trade protectionism. Protectionism is the wrong solution."
XIAO YAQING DIRECTOR, SASAC "Through decades of reform and opening up, we have offered a wide market to the world. Many of our state-owned enterprises have connections with foreign enterprises. Many cooperative projects are underway. China's partners have also gained from joint ventures. Many international companies make most of their profits from the Chinese market, thanks to China's reform and opening up."