China as Globalization Cheerleader
Aggregated Source: China HearsayThis is what the future will look like, at least the near future. With the US filing WTO cases against China and slapping CVDs on paper products (and others, eventually), China can portray itself as the aggrieved free trader:
A senior Chinese finance official called on the world on Saturday to
oppose the rising protectionism and promote progress in the Doha Round.Hu Xiaolian, deputy governor of the People’s Bank of China,
said that all countries should make efforts to create a favorable
globalization environment in which all countries may participate on an
equal and beneficial footing.“With trade protectionism pressures growing, measures taken by
certain countries –under the pretext of righting global imbalances –
will hinder the trade liberalization process,” Hu said at the spring
meetings of the IMF and the World Bank.“We call on all countries to harness the opportunities created
by globalization, pursue timely structural readjustments, resolutely
oppose protectionism, promote progress in the Doha Round,” she said.
For more, here’s the whole article.
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Copyright China Hearsay
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