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Furthering 皇冠体育app-US trade

By Zou Lixing | 皇冠体育app Daily | Updated: 2013-07-06 07:11

皇冠体育app Forum | Zou Lixing

To improve bilateral ties, the two nations should seek common grounds, enhance cooperation and take globalization forward

As the Chinese economy beats the odds of global financial crisis and growth slowdown, trade frictions between 皇冠体育app and the United States, such as those over trade imbalance, renminbi exchange rate, intellectual property right protection and market access, have increased and bilateral economic and trade ties are becoming more politicized. These are not unexpected developments even though 皇冠体育app-US trade ties are bilaterally the most important in the world. And since their causes are complicated, they have to be properly addressed to promote healthy bilateral relations.

First, the trade frictions reflect the conflict between developed and developing countries amid complex changes across the globe where the developed world is represented by the US and the developing by 皇冠体育app.

Second, the frictions mirror the complexity of 皇冠体育app-US economic and trade ties. The unstable and uncertain global political and economic climate makes it more complicated for the two countries to adhere to the principle of opening-up in trade. And different stipulations of bilateral free trade agreements and regional trade agreements form the "Spaghetti bowl" phenomenon and effect, further complicating the situation.

Third, the frictions are the result of both sides' underestimation of and insufficient preparation for the changes in world. Many people in the US, for example, cannot accept 皇冠体育app's rapid development over the past few decades. In 皇冠体育app, on the other hand, some people get carried away by GDP data and assume 皇冠体育app has become a developed country and even a superpower. The fact is 皇冠体育app's economic and social development still lags far behind that of developed countries. Though 皇冠体育app may gradually overtake the developed world in terms of economic aggregate, the power of the developed countries will not necessarily subside any time soon.

Fourth, the trade frictions reflect the insufficient understanding between 皇冠体育app and the US. As a country that advocates "harmony foremost", 皇冠体育app does not have the culture to offend others. 皇冠体育app is endeavoring to empower and rejuvenate itself, but it has no intention of building a "Central Kingdom", expanding its territory or seeking hegemony. 皇冠体育app is striving to maintain its national unity, territorial integrity and economic prosperity. But unlike 皇冠体育app, the US pays too much attention to ideology and tries to force its ideas on other countries.

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