I've watched a video[0] from Fox News few months ago, the key point been the "unfair trading" problem should be addressed through WTO rather than direct tariffs, and those tariffs maybe against WTO's rules.
Also, many people here maybe don't know, China is suing the U.S. for those tariffs. Maybe wait until it played out, the everything will be a bit clear.
I don't know how people in the U.S. view this trade war, but in China, many people already start to treat it as a new normal now after realizing it will be a long lasting one. Jack Ma for example, believes it will last for ~20 years.
I also watched another video[1], which is a voice recording from a seminar, the speaker was Jin Yi Nan[2], who is one of the "Hawks" in China. In that recording, other than trying to calm the listener (mainly business man I assume) down, he made few points, which been (I oversimplified it, somebody can do a full translation of the recording if interested):
- We (China) had problems, but the U.S. also had problems. At the same time, they (The U.S.) had advantage, we had ours. We're actually chained together (trade war will be bad for both, and they are hurting themselves while we facing the challenge).
- Chinese business should keep trying to enter international (including US) market and make investment, regardless the trade war.
- Trump's idea is frozen at '40s, and we (China) will be more open (more participation in trading and welcome international investment).
I think it sort of reflects the idea of some people inside the China government, or at least showing how the government want people to think of the trade war.
On the bright side, by the time all of this ends, it will be a very good topic to discuss with our future high-schooler kids.
Also, many people here maybe don't know, China is suing the U.S. for those tariffs. Maybe wait until it played out, the everything will be a bit clear.
I don't know how people in the U.S. view this trade war, but in China, many people already start to treat it as a new normal now after realizing it will be a long lasting one. Jack Ma for example, believes it will last for ~20 years.
I also watched another video[1], which is a voice recording from a seminar, the speaker was Jin Yi Nan[2], who is one of the "Hawks" in China. In that recording, other than trying to calm the listener (mainly business man I assume) down, he made few points, which been (I oversimplified it, somebody can do a full translation of the recording if interested):
- We (China) had problems, but the U.S. also had problems. At the same time, they (The U.S.) had advantage, we had ours. We're actually chained together (trade war will be bad for both, and they are hurting themselves while we facing the challenge).
- Chinese business should keep trying to enter international (including US) market and make investment, regardless the trade war.
- Trump's idea is frozen at '40s, and we (China) will be more open (more participation in trading and welcome international investment).
I think it sort of reflects the idea of some people inside the China government, or at least showing how the government want people to think of the trade war.
On the bright side, by the time all of this ends, it will be a very good topic to discuss with our future high-schooler kids.
[0] https://www.youtube.com/watch?v=mGbcsBfPF0g
[1] https://www.youtube.com/watch?v=8svRtTAw_10 (It's in Chinese)
[2] https://zh.wikipedia.org/zh-cn/%E9%87%91%E4%B8%80%E5%8D%97 (Only Chinese version available)