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China is begging for a trade deal with the US? Fake news [Copy link] 中文

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Post time 2019-7-17 17:11:17 |Display all floors
(People's Daily Online) Recently, US President Donald Trump tweeted that China’s second quarter growth “is the slowest it has been in more than 27 years” and suggested that China is desperate to make a deal because “thousands of companies are leaving” the country. The comment creates the false impression that China needs a trade deal to save its economy when the truth of the matter is that both sides hope to reach a deal on trade.

Trump’s tweet came after the National Bureau of Statistics released data on China’s economic performance for the first six months of the year. Geng Shuang, a spokesperson for the Foreign Ministry, responded to the comment at a regular press conference on Tuesday, noting that despite slower global economic growth and growing uncertainties and instability, China’s GDP still grew 6.3% in the first half the year.

“I think this is still a good performance, especially compared to other major economies. Better than most,” the spokesperson said.

China could have spurred faster economic growth with massive stimulus policies, but the country is focused on high-quality economic growth and restructuring and is just trying to maintain stable economic growth, which it did. The comment shows that Trump does not understand the realities of the larger situation.

Economic growth in the world’s second largest economy is slowing down, but China is in the midst of transitioning to high-quality development and the growth rate of 6.3% is what most analysts had expected. Despite this, China is still powerhouse for global development, which benefits the world economy and the US economy, too.

Only a jealous and bitter person would celebrate economic slowdown in other countries. President Trump’s remarks create the false impression that the US side holds all the aces and that China is basically on its knees begging for a trade deal. This is like pulling the wool over the American people’s eyes, who largely oppose the trade war and the additional tariffs on Chinese goods.

The reality is that both sides hope for a deal, but China will not be bullied by Trump into an unfair deal. If a trade deal is going to be reached, then the United States will need to work with China and meet China halfway. Dialogue and mutual respect are key. If the United States works with China through dialogue and with respect, then a mutually beneficial trade deal can be reached, and this is in the common interest of the both peoples as well as the world.

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Post time 2019-7-18 08:32:21 |Display all floors
There is a big surprise waiting for the orange clown and his cronies, the Chinese government (president Xi) won't give-in to US demands.  The problem for the US is, that trump think he deal with a building contractor.
Human lives mean nothing when the western warmongers see a bigger gain through war

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Post time 2019-7-18 09:09:52 |Display all floors
Fake News is non existing...

    Lying Western media it is...

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Post time 2019-7-18 11:08:59 |Display all floors
Don't believe the Liar-in-Chief in the White House!  The US media have fact-checked Trump and found out that he lied more than 10,000 times since he sneaked his way into the White House, with his anti China, anti Muslim, anti immigrant rhetorics!  On the contrary, Trump desperately needs a trade deal with China, going into 2020 election; his base is suffering badly because of his tariffs on Chinese goods!

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Post time 2019-7-18 12:22:52 |Display all floors
D Trump is muddying the waters just for his election campaign, and a slowing down Chinese economy is also a bane to the US, as the US electorate doesn't give a damn about who has the upper hand in the trade dispute, they simply want their own incomes raised, net values going up.
Believe it or not, it's true.

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Post time 2019-7-18 14:31:14 |Display all floors
Liononthehunt Post time: 2019-7-18 12:22
D Trump is muddying the waters just for his election campaign, and a slowing down Chinese economy is ...

They want Trump to quickly end trade war with China so that they can ship agri produce to China, otherwise they go broke!  US taxpayers are subsidising these poor farmers by the billions!

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Post time 2019-7-27 16:15:53 |Display all floors
"WASHINGTON (Reuters) - President Donald Trump said on Friday that he would not be surprised if China held out until after the U.S. election in 2020 to secure a trade deal in the hope they could negotiate with a different U.S. president.
"I don't think personally China would sign a deal if I had a 2% chance of losing the election," Trump told reporters at the White House just days before top U.S. officials head to Shanghai for another round of negotiations.
"I think China would probably say: 'Let's wait. Let's wait. Maybe Trump will lose and we can deal with another dope, or another stiff."

So, by Trump's own admission, China is NOT desperate to sign a deal with him!

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