Quotes
If fiscal spending starts to ramp up again soon then that could more than offset the near-term hit to growth from tariffs,
wrote Julian Evans-Pritchard of Capital Economics
As exports face downside risk with trade war looming, the fiscal policy needs to become more proactive,
wrote Zhiwei Zhang, president and chief economist at Pinpoint Asset ManagementHowever, given the wider headwinds... we still aren't convinced that fiscal support will be sufficient to deliver anything more than a short-lived boost,
he addedInstead, China is hitting back promptly — but judiciously — to each set of tariffs,
Russel said
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This is a time to hit back hard and to demonstrate that a fight with Canada will have no winners.”
But in announcing retaliatory tariffs Tuesday, Trudeau sternly warnedThat’s not a scheduling issue, it’s leverage for China,
said Russel, who previously served as the assistant secretary of state for East Asian and Pacific Affairs
They are better prepared to absorb the effect of the shocks, compared to several years ago,
Kennedy said
As Washington escalates the tariff, Beijing doesn’t see other options but to retaliate,
said Sun Yun, director of the China program at the Stimson Center, a Washington-based think tankThey’ve seen this before,
Kennedy saidNo country should fantasize that it can suppress China and maintain good relations with China at the same time,
Wang warned
Cooperation will bring about mutual benefit and win-win, and China will definitely take countermeasures in response to arbitrary pressure,
Wang saidChina firmly opposes it, and countries in the region don't welcome it either."
When asked about the US' plan to deploy intermediate range missiles in the region, Wang saidWe in China believe that friends should be permanent and we should pursue common interests,
he addedHistory will prove that a real winner is the one that keeps in mind the interests of all,
he addedWashington should not return good with evil, or even impose arbitrary tariffs on Chinese products, as no responsible major country should do that,
he addedOur policy projects the shared hope of the overwhelming majority of countries, and this is why we can stand on a moral high ground on the global stage,
she saidSuch a reliance on tariffs and other coercive tools to rebuild US manufacturing is not going to work; it will only make US businesses less competitive in the marketplace and thus lose the world market,
he saidWe hope that the US side will listen to the calls of the two peoples, see clearly the trend of the times, take an objective and rational view of China's development, and engage proactively with China in practical exchanges,
he said_(cropped).jpg)
China-US economic and trade ties are mutual,
Wang told reporters
If you choose to cooperate, you can achieve mutually beneficial and win-win results. If you use only pressure, China will firmly counter,
he added