rnati上海后花园onal Economic Exchanges, warned that although China would not be happy to see the so-called trade war expand into the fields of finance, tech
nology or geopolitics, the country must be prepared for all kinds of confrontations.
“The US has repeatedly violated the multilateral mechanism based on World Trade Organizat
ion rules. Due to the influence of hard-line hawks, it is likely to continue the trade war,” he said.
China has less motivation to further stimulate economic growth, but the government needs t
o search for more methods to control debt and reduce default risks, according to officials and economists.
China’s macroeconomic leverage ratio, or the total debt-to-GDP proportion, rose slightly in the first quarter, but the over
all leverage level still remained stable, Huang Xiaolong, deputy head of the Financial Stability Bureau of the Peo
ple’s Bank of China, the central bank, said at a media conference on Wednesday.
ric and actions regarding the Taiwan question, violated the one-
China principle and the three China-US joint communiques,” he said.
“This has undermined China’s sovereignty and security, sent a seriously wrong message to Taiwan secessionists, and
disrupted regional peace and stability,” Shao said, adding that China must, and will be, reunified.
“If anyone tries to separate Taiwan from the mainland, the Chinese
military will adamantly protect its territorial integrity at all costs,” he said.
As for the South China Sea, Shanahan accused China of undermining fr
eedom of navigation and overflight in the region, and militarizing the local islands.
has taken a tougher line on protection of agriculture. France, for example, is opposed to including agriculture in transatlantic trade talks.
The Greens are one of the big winners in the elections (even beating Germ
any’s Social democrats into second place), and they will seek to impose strict conditions reg
arding climate change, the environment and human rights on future trade deals. This attitude will also make it dif
ficult to agree a new trade deal with the US, as it has not endorsed the 2015 Paris climate agreement.
Although the nationalist and populist parties now have more seats, it does not mean they will form a united front in the EP. Th
ere are divisions on trade, on the environment and on dealing with China. Some of these parties, such as the Na
tional Front, are seen as firm opponents of free trade, whereas Alternative for Germany and Matteo Sal
vini’s Lega Nord in Italy tend to be more supportive (depending on the content of the trade agreement).