In the News: China-US Trade War White Paper, Draft Nuclear Energy Law
September 25, 2018 | BY
Jacelyn JohnsonChina released a White Paper defending its position in the U.S.-China trade friction, which aimed to clarify facts on the bilateral economic and trade relations; Draft Atomic Energy Law aims to strengthen and promote Chinese nuclear firms in the international market.
China Releases White Paper to Clarify Its Position on Trade War with US
On Sept. 24, China published a white paper clarifying its economic and trade relations with the United States, demonstrating China's stance on the trade war, and its plans to pursue reasonable solutions. The white paper was published on the same day new U.S. levies on $200 billion worth of Chinese goods followed by Beijing's new tariffs on about $60 billion worth of U.S. imports came into effect.
According to the white paper, the two countries have set up a number of communication and coordination mechanisms such as the Joint Commission on Commerce and Trade, the Strategic and Economic Dialogue, and the Comprehensive Economic Dialogue, in an attempt to meet each other halfway in the spirit of equality and rationality.
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