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China's accelerating reform and.........>

CHINA PRESS
MNI (London)
CHINA PRESS: China's accelerating reform and opening up of the economy, the
expansion of domestic market, growing advantages in the industrial supply chain
and deepening global cooperation have helped to hold off the negative impacts of
the Sino-U.S. trade spat and boost foreign investment in the country, wrote Peng
Bo, associate research fellow at the Ministry of Commerce, in a commentary piece
run by China Business News on Thursday.
- One of the Trump administration's intentions in starting a trade war is to
attack China while promoting the development of American manufacturing, Peng
said.
- Though it will cause certain damage to China's economy in the short-term, it
will help China break the dependence on the U.S., expand markets and upgrade
industrial capacity in the long term, Peng said.(Link to the story:
https://bit.ly/2AdHfBp)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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