Europe and the United States have both complained of China's runaway trade surpluses. But with worldwide recession looming, analysts point to the stimulatory impact that lower-cost Chinese manufactured goods have on the world economy, and particularly to the benefits gained by EU and U.S. high-tech and services companies. With some estimates suggesting that only 15% of added-value from its export industries stays inside China, how should we see China’s future role in the international economic order? And if – despite fresh efforts to relaunch the WTO’s Doha Round – protectionist pressures around Europe lead to new trade barriers might a less dynamic Chinese economy aggravate the worldwide slowdown?After the meeting on Tuesday, more information.
Commercial
Victor Shih is a speaker at the China Speakers Bureau . When you are interested in having him as a speaker, do get in touch.
No comments:
Post a Comment