In a recent interview with CGTN, economist Guan Qingyou, president of the Reality Institute of Advanced Finance, stated that the US attempt to dismantle China's competitiveness is doomed to fail. Describing the US tariff war as a "regressive counter-current," he emphasized that such protectionist moves are unlikely to last long.
According to Guan, the American strategy of restricting market access and undermining manufacturing strengths through economic blockades is fundamentally implausible. The resilience of China’s market, bolstered by robust manufacturing and innovation, challenges the effectiveness of these measures.
This perspective offers a timely reminder for young professionals, students, and global market enthusiasts: in today’s interconnected world, rapid economic shifts are rarely swayed by short-lived protectionist tactics. 💡
Stay tuned for more updates and in-depth insights into global trade trends and economic policies shaping our modern markets.
Reference(s):
US bid to dismantle China's competitiveness bound to fail: Economist
cgtn.com
