Zhang Erzhen: Coping with Sino-US Trade Frictions Through Higher Degree of Opening-Up

Release time:2019-09-05Author: Zhang Erzhen

Recently, the US has been escalating its economic and trade frictions with China, which not only poses a serious threat to Sino-US economic and trade relationship, but also greatly endangers the global economic and trade order and has a negative impact on the world economy. How to understand the current Sino-US trade frictions? How to deal with the actions of the US to provoke a trade war? Consultation and cooperation is the right way to solve the problem. But what should we do if the US persists? For China, the most important thing is to maintain strategic focus, do its own affairs well, unswervingly deepen reform and opening-up, and promote reform and development through opening-up. This is the fundamental way to deal with the Sino-US trade frictions.