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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Trade deficit focus called misleading

By May Zhou in Desmoines | China Daily | Updated: 2017-06-14 07:31

As scores of US and Chinese experts gathered on Monday in Des Moines to discuss the countries' relationship, they agree that it will benefit the two countries and the whole world for them to continue to work together.

Several scholars exchanged their views on issues including trade imbalance at a one-day think tank symposium at The World Food Prize Foundation.

At the symposium, Tori Whiting of the Heritage Foundation said that the Trump administration's focus on the trade deficit is misleading.

China has made a large foreign direct investment in the US and holds more than $1 trillion worth of US Treasurys, which help finance US debt, said Whiting.

"The value of imports is often overlooked. Over 50 percent of our imports are intermediate products used to produce high-value goods," she said.

Zhang Yuyan, director at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, said that the trade deficit mainly reflects the different development stages of the two countries, and it has been declining over the years.

The US trade deficit with China through April 2017 stood at approximately $106.5 billion, according to the US Census Bureau. For all of 2016, the deficit was more than $347 billion.

"China is a rapidly developing country with a high savings rate, while the US is a developed country with a low savings rate," Zhang said.

"Looking from a long-term historical perspective, the US enjoyed a trade surplus when it was developing rapidly after World War II, until its population started to age, and savings started to decline. China now is approaching that stage," he said, predicting that the trade gap, which he said was $250 billion by the Chinese calculation in 2016, would narrow further.

Mike Naig, deputy secretary of the Iowa Department of Agriculture and Land Stewardship, said that US and China should not focus on the differences exclusively but the commonality.

"We both face issues such as aging farming populations, access to land and dependence on trade. If we focus too much on our differences, we would forget to work together to deal with those issues," Naig said.

Most Viewed in 24 Hours
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: 亚洲一级毛片在线播放 | 一级色网站 | 2022国产精品网站在线播放 | 成人欧美在线视频 | 成人禁在线观看午夜亚洲 | 欧美激情第一欧美在线 | 欧美xxxxx毛片 | 97国产精品 | 国产成人咱精品视频免费网站 | 国产欧美一区二区三区观看 | 亚洲精品久久久久午夜三 | 日本精品久久久久久久久免费 | 亚洲天天看 | 国产精品天天爽夜夜欢张柏芝 | 久久久精品免费观看 | 性生大片一级毛片免费观看 | 国产激爽大片在线播放 | 美女张开腿让男人桶的动态图 | 免费看一级 | 亚洲精品www久久久久久久软件 | 中国精品视频一区二区三区 | 久久93精品国产91久久综合 | 成人午夜视频一区二区国语 | 91九色视频无限观看免费 | 国产精品黄页网站在线播放免费 | 精品91| 一级做a爱片特黄在线观看免费看 | 欧美性一级 | a成人在线 | 韩国a级毛片 | 最近手机高清中文字幕大全7 | 欧美成人h版在线观看 | cao美女视频网站在线观看 | 欧美精品免费看 | 日本特爽特黄特刺激大片 | 精品国产综合区久久久久久 | 免费观看成年人网站 | 欧美中文字幕 | 手机在线观看a | 欧美性色黄在线视 | 欧美精品v日韩精品v国产精品 |