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Thread: Who is the real winner of Sino-US trade?
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[quote=KATRINA,245295]The trade imbalance is a big concern for China and US. In order to reduce the trade surplus, China has taken a series of measures to tighten its exports and to encourage imports. The tax rebate on these low value added products have been lowered. Meanwhile, it also imposes exports tax. The tax rebate on about 37% of the total exports have been reduced. It has made some achievements. Trade surplus growth is expected to slow down. Who is the real winner of the Sino-US trade? Both. China wins great trade surplus from US while US makes profits from China. In order to make more achievements, both sides should strengthen their corporation and understanding. That is the key. Trade barrier can not solve this problem but possibly make the situation worse. [/quote]
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