China-US Trade Tensions: Expert: We need to make more use of multilateral frameworks
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Some industry experts say China's consultation procedure into those American tariffs is timely and necessary. Take a listen.
DONG YAN CHINESE ACADEMY OF SOCIAL SCIENCES "China has released to the WTO and relevant member countries a signal that we need to make more use of multilateral frameworks to solve the problem. It reflects China's philosophy on the development of world trade rules and the solution to world trade frictions, that we have to maintain the established multilateral trade rules, and jointly promote the opening of the world market."
ZHAO CHANGWEN, DEPARTMENT DIRECTOR INDUSTRIAL ECONOMY IN DEVELOPMENT RESEARCH CENTER OF THE STATE COUNCIL "China's current response is timely, appropriate, and vigorous. We need to utilize the rules of the WTO, and strive for other WTO members' understanding and support, under the multilateral frameworks."