Homepage / Asia / Be careful if China cuts you a check, says former US trade official
Le Jeu en Ligne en France: Casinos en Ligne et leur Rфle dans l’Industrie Moderne des Jeux d’Argent Mostbet App A Convenient And Reliable Way To Place Bets Masjid Al-Huda Mranggen Demak Lemon Casino recenzja nowego polskiego kasyna Atrakcyjne bonusy i wysoki RTP! MostBet Bangladesh BD ᐉ Official Site Most Bet Casino and Sport Betting Lil Nas X calls out the BET Awards in his new single He has a point : NPR Most readily useful Adult Internet Dating Sites | FreeHookupsSites Unlocking the secrets of craigslist m4m green bay dating Just what comes in 66 sizes and vegan latex? Brand new generation of condoms | Sex | 8 Brands & Generics Human Growth Hormone HGH Injections Find local black hookups near you what’s ssbbw chat? About Japanese Dating society and also the west Guy who would like to Date a Japanese woman – MeetKing Blog 9 Guidelines On How To Hook-up On College Gameday (At Any College) Leading Live Casino Games Provider Leading Live Casino Games Provider Pin Up Slotlarýyla Eðlence ve Para Kazanma Bir Arada The core concept of digital entertainment hub AbeBet: signature points and groups Live-сессии с дилерами в онлайн-казино azino777 How Online Gambling Enterprises Operate Around the World Meet compatible single mothers and exchange ideas official site Play airplane online Ritalin: Jak legálně zakoupit bez receptu v České republice Connect with suitable asian singles in your area How-to Date A Pornstar While Making It Operate (The Ultimate Guide) Buy Bitcoin with Credit Card or Debit Card Instantly Buy Bitcoin How to buy BTC Finding trans girls near you – the simplest way to hookup Connect with like-minded singles on a mennonite dating website Assortment of in-demand games respected casino platform abe bet casino in cyberspace Connect with girls from round the world Alexander Gambling establishment: Dйcouvrez une Nouvelle Expйrience de Jeu en Ligne Le meilleur Extra casino en ligne pour jouer BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING The simplest way to get a local hookup what’s millionairess dating? Get prepared to connect to latinas whom share your interests Estonian Chat place – an ideal Place for Dating Estonian Singles Join our bisexual chat room now and commence connecting Discover the advantages of dating a mature mom latina How to discover the best bbw hookup app for you Title: Juega en 1Win Casino Argentina Bonos y Apuestas 5 Best BBW Lesbian Dating Apps/Sites In 2022 Online Gambling Review submissions dia govt.nz Разыгрываемые джекпоты в виртуальном клубе Вулкан казино 30 Of The Greatest Adult Sex Toys For Males | Men’s Room Health Mag Australian Continent Cazino 7 slots cyberspace: conditions and rules for betting with real cash 1Win: ¡el mejor lugar de casino y apuestas deportivas de Argentina! Aufcasino ????Mature Dating Evaluation 2023 – Whatever You Need To Know About It! ???? Take the first step towards fulfilling your ebony lesbian bbw match now Ideas on how to come-out: Tips to keep in mind > Taimi Meet your perfect match – granny hookup site Türkiye-Çin İşbirliği Derinleşiyor GuGi Mobil Yükleme Seçenekleri Hizmet İçi Eğitim Sona Erdi Dooball tv ดูบอล ออนไลน์ สด 66 ลิงค์ บนมือถือ ฟรี ภาพชัด HD ทั่วโลก Find your rich cougar date in the most useful dating site Find your dream fat girl hookup today Slot Thailand Daftar Link Situs Slot Gacor Maxwin x500 Terbaru Hari Ini Resmi Auto Jackpot! Konsultasi ke Dewan Pers, Komisi I DPRD Jambi Pertanyakan Indeks Kemerdekaan Pers Jambi yang Turun Akses News Cerita Korban Judol di Balikpapan yang Nekat Gelapkan Uang How to get local horney women in your area 3 Cara Hapus Akun Judi Online Slot : Okezone Economy SITUS TOTO > Sering Kalah Main Di Situs Slot Gacor Terbaru Mudah Maxwin Situs Slot Gacor Maxwin Main Tanpa Pola Modal 5ribu Terbaik Melhores cassinos online de Novembro 2024: Confira o top 10! Enjoy amazing gay sex experiences using the top sites on the web Make the absolute most of one’s big butt dating adventure here 9 circumstances this means when a person avoids eye contact with a lady – Hack Spirit Top Greatest M4M Personals Sites in 2022 ◉ BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Лотерейные розыгрыши в kasino on-line Лев казино: условия осуществления и доступа Main features of playing in machines at online-club Karavan Connect with like-minded females making new friends Comment accéder à des jeux gratuits avec Space fortuna bonus ? PUCUK4D⭐ Bandar Toto Togel Online & Situs Toto 4d Terpercaya #1 Betting site Karavan bet Gates of Olympus internet-based: benefits of playing for real money Discover an environment of opportunities with lesbian and bisexual dating Aprovecha Los Códigos Promocionales De Bbrbet ¡más Bonos, Más Juegos 1xbet Giriş Yeni Adresi 2024 ⭐️ 1xbahis Güncel Adres » 1x Guess Mobil Casino How to get started with sext room BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING La Application De Bbrbet: Juegos Y Apuestas Approach Alcance De Tu Man Start your love story now – join our talk to gay strangers source today BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Find regional bbw hookups inside area BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING The Brazilian Bum Bum Lotion: Introducing the Keys of its Elegance Advantages

Asia

Be careful if China cuts you a check, says former US trade official

President Donald Trump’s administration should focus on pushing for structural changes in China, rather than on the massive trade imbalance between the world’s two largest economies, a former U.S. government official said Monday.

“I’d say focus more on structural changes, getting market opening, fair treatment, level playing field, IP (intellectual property) issues, investment protection. Focus on those kind of issues that will allow you to sell on market terms,” said Frank Lavin, who was formerly U.S. Under Secretary of Commerce for international trade.

Lavin said the U.S. administration should be wary of getting a deal from Beijing that would only be a short-term solution.

“If they give you a check, watch out. They’re sort of buying you off and getting you just to go away for that money, so be careful of that,” Lavin said.

Lavin’s comments came after U.S. Treasury Secretary Steven Mnuchin said on Sunday that the world’s two largest economies agreed to drop their tariff threats while they work on a wider trade agreement.

On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to close its trade deficit with the U.S., which was $375 billion in 2017.

During an initial round of talks this month in Beijing, Washington demanded that China reduce its trade surplus by $200 billion, Reuters reported. No dollar figure was cited in the countries’ joint statement on Saturday.

Trump “made a mistake anchoring negotiations on that number,” said Lavin, who is currently the chairman of Export Now, a business consultancy. He was formerly also U.S. ambassador to Singapore under the George W. Bush administration.

“Because demand in China for U.S. food isn’t going to double in a year, demand for Boeings isn’t going to double in a year, and U.S. productive capacity can’t double in a year either,” Lavin told CNBC’s “Street Signs.”

The top U.S. trade official, Robert Lighthizer, said that getting China to open its market to more U.S. exports was significant, but that it was far more important for the United States to resolve issues with China, such as forced technology transfers and cyber theft.

“Real structural change is necessary. Nothing less than the future of tens of millions of American jobs is at stake,” U.S. Trade Representative Lighthizer said in a statement on Sunday.

Many of Trump’s complaints about China are valid, Lavin added.

Even though the Chinese economy has been gradually opening up over the past two decades, “the openings in China have not kept pace with the economic growth of China and with the benefits China has gotten from the rest of the world being more open,” he said.

Amid uncertainties over whether a high-profile meeting between Trump and North Korean leader Kim Jong Un will eventually take place in Singapore, Lavin said it is likely to happen.

But the outcome of an outright agreement of denuclearization from Pyongyang would be unlikely, he said.

“I’d be more positive about this process if some baby steps emerge, meaning I don’t think we are likely to get a universal agreement to denuclearize North Korea, allow for inspections. I think that’s unlikely and I think overly ambitious for a first meeting,” said Lavin.

However, some “measurable baby steps” will help reassure the world that Kim is changing and that “it is a new North Korea,” added Lavin. That could come in the form of family reunions, phone calls between North and South Korea and some steps toward currency convertibility, he said.

Pyongyang has in the past promised to back off its nuclear weapon development program, only to repeatedly backtrack.

South Korean President Moon Jae-in and Trump are set to meet on Tuesday in Washington before Kim meets with Trump on June 12 in Singapore.

Kim, on his part, will keep raising the price for denuclearization, such as bargaining for the unwinding of economic sanctions and some sort of military commitment from the U.S., like troop withdrawal from the region, Lavin predicted.

Reuters contributed to this story.

Source: cnbc china
Be careful if China cuts you a check, says former US trade official

Comments are closed.