Industri

grabein
10.08.2018 kl 12:28 7953

South China Morning Post

Column

Xu Yimiao

China should cut its losses in the trade war by conceding defeat to Donald Trump

Xu Yimiao writes that China is running out of retaliatory tariffs against the US and has watched other major parties like the EU and Japan close ranks against it. Before the trade war gets more severe, Beijing’s leaders should seek direct talks with Trump, and may have to swallow their pride

...

To get out of this predicament, Beijing probably needs to deal with Trump directly, figure out what he needs to declare a win and create conditions for that. Of course, allowing Trump to declare victory might be tough and even embarrassing for Beijing, but sometimes it is the best choice to stop losses in one trade and hope to profit at another time.

https://www.scmp.com/comment/insight-opinion/united-states/article/2158963/china-should-cut-its-losses-trade-war

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