South African expert: US trade protectionism is a policy mistake

category:Finance
 South African expert: US trade protectionism is a policy mistake


Kevin Lins, South African economist: Obviously, because of this trade dispute, the world economy is at risk. We always say that the economy will not fall into recession accidentally. There are usually reasons why the economy falls into recession. Almost all of them are due to policy mistakes. The idea that a higher degree of protectionism can benefit from it is clearly a policy mistake.

Kevin Lins believes that trade disputes can be avoided. China has been trying to resolve trade disputes. At present, the expansion of disputes is caused by the United States. China has always stood on the position of safeguarding the multilateral trading system and building an open world economy.

South African economist Kevin Lins: China is open to trade, and trade disputes with the United States are driven by the United States, not China. China is to the rest of the world. The message is open.