www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
Comment

Signing of Sino-US trade deal will be confidence booster for global growth

CHINA DAILY | Updated: 2020-01-10 00:00
Share
Share - WeChat

With China's Commerce Ministry confirming that Vice-Premier Liu He will lead a delegation to Washington next week to sign the gestated trade deal with the United States, there is optimism that the trade tensions between the world's two largest economies will now be less acute.

Details of the deal have not yet been forthcoming, but no matter how far China and the US have come to reach where they are now, the signing of the agreement, though limited in scope compared with the broad range of issues they are discussing, demonstrates that divergences can be narrowed and an understanding reached if they conduct their discussions on an equal footing and with mutual respect.

This in itself is an encouraging sign. And a welcome pick-me-up for the global economy, which is in acute need of a restorative tonic.

Commenting on the deal, which is expected to be signed at the White House on Jan 15, Chinese Ambassador to the US Cui Tiankai, speaking in New York on Wednesday, expressed confidence that it will prove to be beneficial for China, the US and the rest of the world, especially since the international environment remains highly complex and fluid.

It is fair to say that global growth prospects are still dominated by downward pressures.

In its 2020 Global Economic Prospects issued on Wednesday, the World Bank trimmed its global growth forecasts slightly for 2019 and 2020 despite taking into account the cooling of Sino-US trade frictions.

Cutting 0.2 percentage points off its growth forecast for both years, it said that 2019 marked the weakest economic expansion since the global financial crisis a decade ago, and 2020, while likely to witness a slight improvement, remained vulnerable to uncertainties over trade and geopolitical tensions.

Although its forecast of 2.5 percent growth for 2020 is a slight acceleration from the predicted 2.4 percent of 2019, that mainly stems from the anticipated growth recovery of the emerging market economies.

The report expects China's growth to be 5.9 percent, and with resilient monetary and fiscal frameworks, robust supervisory and regulatory regimes, and transparent debt management, along with coordinated structural reforms aimed at improving the business environment, the rule of law and productivity, the Chinese economy can continue to defy the headwinds of trade and geopolitical tensions.

If the soon to be signed deal between China and the US heralds smoother negotiations to come, it will mark the formation of a more conducive environment for China to be a driver of the world economy.

The two sides should take signing the deal as putting the seal on their joint commitment to carry forward the spirit of modus vivendi in their future negotiations.

Doing so would ensure that no matter how protracted their bargaining may be, the trade talks can be conducted in an atmosphere conducive to accommodation and progress.

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - . 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: 国产91综合 | 欧美成人性做爰网站免费 | 国产在线视频欧美亚综合 | 一级特级毛片 | 亚洲三级小视频 | 欧美片能看的一级毛片 | 黄色美女网站在线观看 | 99在线视频精品费观看视 | 草草久久97超级碰碰碰免费 | 国产亚洲人成网站在线观看不卡 | 成人午夜爽爽爽免费视频 | 1级毛片| 蕾丝视频永久在线入口香蕉 | 黄视频欧美 | 欧美日韩亚洲精品一区 | 亚州综合 | 美女被免费视频网站a国产 美女被免费网站视频软件 美女被免费网站在线软件 美女被免费网站在线视频软件 | 久久久久免费 | 性欧美精品久久久久久久 | 中文字幕国产欧美 | 日韩一级欧美一级在线观看 | 亚洲国产成a人v在线观看 | 中美日韩在线网免费毛片视频 | 韩日三级视频 | 精品国产一区二区三区四区不 | 69精品免费视频 | 黄色美女网站免费看 | 长腿校花被啪到腿软视频 | 香蕉久久夜色精品国产尤物 | 欧美色视频在线观看 | 夜夜春夜夜夜夜猛噜噜噜噜噜 | 精品欧美一区二区三区在线观看 | 日本一级全黄大片 | 国产性大片黄在线观看在线放 | 香蕉视频老司机 | 人成18亚洲资源在线 | 欧美日韩在线观看精品 | 免费欧美一级片 | 在线黄 | 亚洲天堂视频网 | 日本高清视频www夜色资源 |