Zhao Huanxin

1 week ago | chinadailyasia.com | Wang Keju |Zhao Huanxin

Washington urged to correct faults amid global impact of Trump tariffsChina and the United States are scheduled to hold official trade talks, as Beijing reiterates its commitment to dialogue and cooperation while firmly safeguarding its legitimate interests in the face of escalating US-initiated trade tensions. Analysts said mounting pressure from domestic stakeholders in the US may have pushed Washington back to the negotiating table.

1 week ago | chinadailyhk.com | Zhao Huanxin

China doesn't want or fear a trade war, and talks should be conducted in an equal, respectful and reciprocal manner, Beijing's top envoy in Washington said, as the US-China Business Council cautioned that hefty duties, if they take hold, would significantly reduce US exports. Speaking at an embassy open house event on Saturday, Ambassador Xie Feng said tariff hikes benefit no one, but disrupt business, raise costs, rattle financial markets and slow global growth.

1 week ago | chinadailyasia.com | Zhao Huanxin

China doesn't want or fear a trade war, and talks should be conducted in an equal, respectful and reciprocal manner, Beijing's top envoy in Washington said, as the US-China Business Council cautioned that hefty duties, if they take hold, would significantly reduce US exports. Speaking at an embassy open house event on Saturday, Ambassador Xie Feng said tariff hikes benefit no one, but disrupt business, raise costs, rattle financial markets and slow global growth.

2 weeks ago | chinadailyhk.com | Zhao Huanxin

Amid trade tensions and policy uncertainty stemming from the tariff war, Washington needs to become more predictable in order to boost global and United States economic growth projections, a think tank analyst said. "We now have a saying — the greatest predictability in the world of today is the unpredictability of the United States," said Victor Zhikai Gao, vice-president of the Center for China and Globalization, a Beijing-based think tank. "This is not a high mark or compliment.

3 weeks ago | chinadailyhk.com | Zhao Huanxin |Wang Keju

IMF: Trade tensions, policy uncertainty weighing on economic prospectsGrowth projections for the global and United States economies this year have declined, respectively, by 0.5 and 0.9 percentage point from January projections, due to trade tensions and policy uncertainty, the International Monetary Fund said on Tuesday. It added, however, that growth prospects could improve "immediately" if countries ease tariffs and pursue trade deals.