Q&A: What has China done so far? What could China do next?
- China's 'national team,' including sovereign wealth funds, supports markets by buying shares and raising ETF holdings.
- The trade war with the U.S., beginning in 2018, prompted China to develop coping strategies.
- China has retaliated by raising tariffs on U.S. Goods and imposing export controls on vital minerals.
- Commerce Ministry spokesperson He Yongqian stated, 'The door is open for talks,' but dialogue needs equality.
- China aims to reduce reliance on imported technology and is reaching out to other countries for trade support.
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Q&A: 'China shock,' tariffs and American manufacturing
International trade, tariffs and domestic manufacturing topped news stories last week. Bradley Setzler, Strumpf Early Career Professor of Economics at Penn State, discussed in the following Q&A the recent history of U.S.-China economic relations and the impact on American workers.
·United Kingdom
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Total News Sources21
Leaning Left2Leaning Right4Center13Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
11%
C 68%
R 21%
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