China Think Tank Says Trade Detente With U.S. May Not Endure
- Former Vice Commerce Minister Wei sees risks from Fed, Brexit
- Trade truce is unlikely to hold, former U.S. official says
Shipping containers sit stacked among gantry canes at the Kwai Tsing Container Terminals, operated by Hong Kong International Terminal (HIT), a unit of CK Hutchison Holdings Ltd., in Hong Kong.
Photographer: Anthony Kwan/BloombergThis article is for subscribers only.
China isn’t likely to have a trade war with the U.S. this year, though 2018 is harder to predict, according to former Vice Commerce Minister Wei Jianguo.
The world’s largest trading nation hopes dialog will help ease tensions and aims to make progress on agreements before President Trump visits the country, Wei told reporters in Beijing Monday. Wei is now Vice Chairman of the China Center for International Economic Exchanges in Beijing.