BEIJING, July 4 -- Evidently, trade protectionism is now posing a real and serious challenge for global free traders and, if left unchecked, it is very likely to retard or even reverse the current hard-won world economic upturn.
Later this week, Chinese Premier Li Keqiang is set to embark on an official visit to Europe. It presents a good chance for the two sides, both staunch supporters of global free trade, to cement cooperation and enlarge their consensus on defending the rules-based multilateral trading system.
During the week-long trip, the premier will also attend the 7th meeting of leaders from China and the Central and Eastern European Countries in Sofia, Bulgaria, and co-chair in Berlin the 5th round of China-Germany intergovernmental consultations with his German counterpart, Angela Merkel.
China and European countries are natural partners. They are even more so in a world of growing uncertainties. They firmly believe that free trade is a powerful engine for global economic growth, while unilateralism and trade protectionism could trigger volatility and recession in the global economy.
In Washington, trade hawks seem to have betrayed the current multilateral trading order it used to defend, and are instigating protectionism by playing with tactics of tariffs.
In just several months' time, the Trump administration has fired a fusillade of tariff warning shots. It has decided to slap steep tariffs on steel and aluminum imports from many of its European Union allies and threatened to levy punitive tariffs on tens of billions of dollars worth of Chinese imports.
【国内英语资讯:Commentary: China, Europe should resist trade protectionism hand in hand】相关文章:
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