Skip to content
has become the third largest trading partner of US.
“The first half of this year, only US imports increased; but its export上海千花坊女神会所
s have declined by 1 percent year-on-year. Its foreign trade growth entirely relies on its i
mports,” he said. “However, China’s exports in the first half of this year were still on the rise.”上海千花坊
Mei Xinyu, a researcher at the International Trade and Economic Cooperation Institute of the Ministry of Com
merce, said the intensified trade dispute will only further expose a downfall within the US economy.上海千花坊
India’s top lender seeks fresh growth opportunities to boost bilateral trade, investments
Amid a wave of closures of various Indians banks’ China operations, India’s larg
est lender said it will not only stay committed to serving the mainland market but seek fresh growth oppo上海千花坊女神会所
rtunities, to boost both bilateral trade and the growing Chinese investments in Indian startups.
上海千花坊”The deepening of reforms and opening-up in China’s financial services sector, and
the rise of the AIIB(Asian Infrastructure Investment Bank) and the NDB (New Development Bank) are en
上海千花坊couraging signs in China. Despite slowing economic growth, China remains a key destination for foreign banks. Pr
ospects for bilateral trade growth are bright, so we are looking at trade finance,” said Venkat Nageswar, deputy ma
naging director in charge of international operations of the State Bank of India.上海千花坊女神会所
He argued the $300 billion Chinese exports were mainly daily consumption products. As the tariffs are enforced, it will s
timulate inflation in the US, which has been increasing in recent years faster than the consumer price index.
上海千花坊Zhou Mi, a researcher at the Chinese Academy of International Trade and Econ
omic Cooperation, said imposing tariffs will only put on more risk on the supply side of US’ industry chain.
“China is a developing country while the US is a post-industrialized country. A large part of their materials to make con上海千花坊女神会所
sumer goods and industrial products depends on imports,” Zhou said, adding that tariffs will only leave the US with two ch
oices—buying from China with a higher cost, or buying from other countries with uncertain quantity and quality.