Trade War: China and Business Community

trade war: The US wants to attack China's one country two systems principle by expanding its long arm jurisdiction over the Hong Kong Special Administrative Region, and is ready to forgo its economic interests for political goals, according to Global Times China. In fact, on the issue of the US-launched trade war against China, the US business community has never been entirely on the same boat with the White House. It is for political reasons that the White House has signed the vaunted bill into a law. The latter paints a ludicrous picture of US long-term interests - if China is pressured to take on the so-called true structural reforms and make concessions in terms of relevant rules of political system and market regulations, the trade war might increase Americans' cost of consumption in the short term, but will serve US interests in the long run. US business leaders have already begun to buy this type of criminal logic. This is a shameful way of trying to seek economic advantage by political means, and is like political extortion undertaken by liars and speculators. (news.financializer.com). As reported in the news.