Skip to content

2010: US-China Trade Relations not Likely to Improve

International Finance News of the People’s Daily reports that a prominent professor of economics forecasts continued trade conflicts between China and the United States. “In 2010, Sino-US trade conflicts will become more frequent and China’s export environment will be challenging.” “Compared to 2009, the Sino-US trade frictions are not likely to improve. First, in the post-crisis era the U.S. domestic economy is still relatively difficult and needs to look for external factors to balance it. The U.S. Government and Congress will take advantage of the factor of the Sino-US trade imbalance. Second, the recent conflicts between the two countries are also constantly escalating, which will cause the trade environment between the two countries to deteriorate in the near future.”

Source: People’s Daily, February 8, 2010