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Home > News > Valuable News > The conclusion of trade agreements is by no means a unilateral appeal

The conclusion of trade agreements is by no means a unilateral appeal

ECHEMI 2019-07-30

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In response to President Trump's remarks on China's economy, Foreign Ministry Spokesman Geng Shuang said at a regular press conference on June 16 that it is good for the world economy to maintain steady economic growth and make progress steadily, as well as for the U.S. economy. Geng Shuang said that China's GDP grew by 6.3% in the first half of this year, amid a slowdown in global economic growth, increased uncertainty and instability. "I think it's a good achievement, especially when compared with other major economies in the world, it should be said to be leading." He said the 6.3% growth rate was in line with outside expectations for China's economy. After the release of China's economic data yesterday, the reaction of the world's major markets was relatively peaceful. China is the second largest economy in the world and has contributed more than 30% to world economic growth for many years. Geng Shuang said that as for the so-called "because of the economic slowdown, China is eager to reach an agreement with the United States", which is totally misleading. The conclusion of economic and trade agreements is by no means a unilateral demand of the Chinese side. The US side also has this demand. The voice of people from all walks of life and consumers in the United States strongly opposing tariffs on China and trade wars is enough to illustrate everything.

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