DigiNepal
China’s industrial strengths must also benefit its trading partners
China’s industrial strengths must also benefit its trading partners
The European Commission is pressing China for progress by next month to address the widening EU-China trade imbalance, and raising the possibility of new protectionist trade policy. The deadline raises a question: how should China and its trading partners address perceived economic imbalances while sharing the benefits of Chinese industrial competitiveness? China’s merchandise trade surplus…