trade protectionism: The representatives extensively exchanged opinions regarding China-US relations, the world economic order and global governance, according to Global Times China. They also provided insight to better understand the current trade disputes. Against the backdrop of China-US trade dispute upgrades, the forum brought together 60 representatives from the US side, including former US government officials, well-known scholars and industry leaders. Due to the rise of trade protectionism in recent years and escalating China-US trade frictions, foreign direct investment FDI worldwide has shown a downward trend. The reasons behind this include China's vast market and steady opening-up policies. However, in contrast to the global trend, there is more FDI flowing into China, which has become a highlight of China's economic numbers.
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Tagged under trade protectionism, government officials topics.