男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Delinking US economy from that of China difficult and undesirable: China Daily editorial

chinadaily.com.cn | Updated: 2019-08-27 20:14
Share
Share - WeChat
Costco's first brick-and-mortar store in the Chinese mainland is in Shanghai's Minhang district, Aug 20, 2019. [Photo/IC]

US supermarket giant Costco opened its first Chinese outlet on Tuesday in Shanghai, five days after the United States leader said: "Our great American companies are hereby ordered to immediately start looking for an alternative to China including bringing your companies home and making your products in the USA."

Whether the US leader has the right to issue his desire as an order remains a question. But what Costco has done brings home the fact that whether US companies leave or stay in China should really be a business decision.

The global supply chains were forged over time and for a reason. It is na?ve to believe that anyone can unravel them in a day on a whim.

But one of the wrong notions, on which the unilateralism and trade protectionism of the United States are based, is that, as the world's sole superpower, it can dictate whatever it wants to any country no matter how absurd what it wants is. It even believes that it can change the way the world economy runs.

That explains why it did what it has done to China and its other trade partners, and the rhetoric about China taking advantage of the US in its business dealings with US companies, including the unwarranted allegations of forced technology transfers and the stealing of intellectual property. It also explains the repeated increase of tariffs on imports from its trade partners.

Despite the ever-rising tariffs and increasingly fierce trade frictions between the US and China, some US companies still continue to invest in China and many of them still feel it is unrealistic and impossible to tear themselves away from their Chinese trade partners and from the Chinese market. That is because their business in China is profitable. Because China provides all the elements such as skilled workers, relatively cheap raw materials, good services and a well-ordered business environment to help them make a profit.

In this increasingly globalized world, the complementary relationship between the US and Chinese economies is much closer and more complicated than anyone can imagine.

The process of building such a relationship in the past four decades has greatly benefitted the development of both economies and contributed a great deal to the well-being of the two peoples.

It is not easy and certainly irresponsible to try and disentangle this relationship, as behind it are the interests of US and Chinese companies, and the interests of the American and Chinese peoples. Considering China contributes some 30 percent to the growth of the world economy annually, other economies also indirectly benefit from this relationship.

So delinking the US economy from that of China would be a disaster not only for both economies but also for the world economy. If that is the intention, second thoughts are indeed needed.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 湖南省| 平山县| 株洲市| 南涧| 临汾市| 蕲春县| 孟州市| 隆尧县| 泰安市| 庆城县| 罗江县| 永和县| 临沭县| 资中县| 历史| 德州市| 榆林市| 拜城县| 大港区| 黄龙县| 永新县| 班玛县| 敦化市| 顺昌县| 海宁市| 安化县| 雷波县| 勐海县| 贵溪市| 奉节县| 盖州市| 赣榆县| 贞丰县| 遂溪县| 武安市| 古田县| 安顺市| 太谷县| 南阳市| 迭部县| 哈尔滨市| 远安县| 平武县| 红河县| 冕宁县| 中山市| 胶南市| 周宁县| 思茅市| 武冈市| 屯留县| 尼勒克县| 仁布县| 遂平县| 吉隆县| 贡山| 余江县| 玉山县| 汉源县| 南雄市| 威海市| 南乐县| 嘉善县| 都安| 马龙县| 嘉兴市| 五家渠市| 凤山县| 哈巴河县| 枝江市| 惠州市| 定边县| 哈巴河县| 内黄县| 礼泉县| 镇巴县| 五峰| 会宁县| 宁海县| 闸北区| 桐梓县| 四子王旗|