Ming Pao Society Review: The Table of the Trade War Conversation Table Table to fight

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The Sino -US trade war turned around. The first phone call in China and the United States agreed to negotiate on trade issues to stimulate the global stock market.The trade war constitutes pressure on the Sino -US economy.In the past month, U.S. stocks have fallen sharply. In the mid -term elections next week, the Republican situation is not optimistic. President Trump is expected to solve the atmosphere with US stock performance as a governance indicator.However, a new round of trade negotiations in China and the United States are still full of variables.Beijing's sincere negotiations on Washington are doubtful. Even if the trade war temporarily stables, it does not mean that Washington will abandon the heart of China.The trade war is a means of pressure. The upcoming negotiations are the battlefield where the two parties show their cards to see the true chapter. If Washington insists on the lion opening, Beijing cannot accept it.

The outbreak of the Sino -US trade war broke out in July this year. In order to force China to conquer China in a series of economic and trade issues, it has repeatedly levied tariffs on Chinese goods, involving a total of $ 250 billion in goods.Not long ago, Trump also threatened to impose tariffs on the remaining $ 267 billion in imports in China.Trump believes that due to the total exports of the United States, it is far lower than that of China ’s exports to the United States. It has a lot of money in the United States and has a lot of money in the United States. The victory is looking at it, but after the development, the situation is not as imagined by the United States.China acknowledged that the economy had downward pressure, but did not intend to yield to the United States and abandon the long -term development strategy of the country.

The market is worried that the Sino -US trade war has become more and more intensive. Unexpectedly, the situation has developed in the recent situation. First, it is reported that the G20 summit at the end of this month is expected to hold a Xi special meeting, and then Trump also publicly stated that confidence can reach a good transaction with China.The White House economic adviser, Kudlo, said that if Washington reached a friendly agreement with Beijing, many tariffs could be withdrawn; Republican Senator Alexander, who led the group to Beijing, told Prime Minister Li Keqiang that the trade war is not a solution to the problem.As of Thursday, Trump personally called, finalized the two to meet in the G20, and also released his willingness to cooperate.

Investigating the content of the call, Trump obviously put the soft mouth, and did not mention the words of fair trade again, emphasizing that the economic teams of the two countries need to strengthen communication and negotiations, and the United States is willing to continue to expand exports to China.Above the narrow trade deficit; when the opening of the cavity is to reiterate that China has explained the principle of the principles many times on Sino -US relations, emphasizing that it is hoped that China and the United States can have a solution that both sides can accept.Unreasonable requirements.

In May of this year, China and the United States launched trade negotiations. China agreed to purchase more American agricultural products and energy and narrow the trade deficit, thinking that it can eliminate the trade war crisis. Unexpectedly, the United States has been in the opposite side.Mutual respect for equal negotiations and look forward to the United States and trustworthy, reflect that China still has doubts.

There are two kinds of different interpretations of Xi TC and electricity. One is that the impact of the trade war on the Sino -US economy has increased, and the downward pressure on the Chinese economy has increased.It is the approaching US midterm election and the Democratic polls. Trump hopes to create a trade war. It is expected to resolve the atmosphere and boost the stock market and Republican civilians.Since Trump came to power, it has been the performance indicators of US stocks and employment data.In Lianyue, Trump claimed that he had a low unemployment rate in the U.S. shares under his governance, and named the most outstanding president in the history of the American history. For the Sino -US trade war, he also used the performance of the stock market to demonstrate that the United States would win., Make him into difficulties, and he is a predicament.

In the past October, it was the worst October in the past seven years. In October, the S & P 500 in recent months has fallen by nearly 8 % from a high position, and the bill is counted by nearly 4 % in 3 months.Winning and less, Trump wants to vibrate the market confidence in the premise of choosing, and it is not surprising.

Trump called the discussion whether it is only a measure of the right of election, and it is difficult to assert, but the trade war will continue to lose both. It is a good thing for China and the United States.The possible conditions, such as abandoning Made in China 2025 and stopping subsidy and supporting strategic industries, trying to obstruct China to transform into a high -tech industry country, negotiations will only break.

The President of the People's Bank of China Yi Gang recently stated that considering the state -owned enterprise with the principle of competitive neutrality, and will vigorously promote the opening of the service department to the outside world, the authorities also emphasize that they also emphasize that they oppose the formulation of international rules that discriminate against state -owned enterprises.China's position is that any economic and trade policy changes must meet the national conditions and help deepen reforms, and will not sacrifice national interests because of external force.If the United States believes that the benefits that cannot be caught in the trade war can be succeeded in the talks, it will be too beautiful.

In the past six months, China and the United States have intensified. Washington has regarded the rise of China to the rise of China and is regarded as the defending war in the United States. In addition to trade disputes, the Taiwan issue and the South China Sea issue are also heating up.Even if the trade war really comes to an end, Washington believes that it will deal with China through other means.Recently, Huafu's blockade of the Jinhua Semiconductor Corporation, Fujian, China, may become a copy of the ZTE incident, reflecting that the United States will not easily let go of any opportunities and obstruct China's road to high -tech power.