Mar 31, 2018

Chinese Dragon Yawns At Trump On Trade War Front


    China to import $8tn of goods in next five years: foreign minister
    China will import $8 trillion of goods and attract $600 billion of foreign investment in        the next five years, Foreign Minister Wang Yi said on Friday.
China’s overseas investment will reach $750 billion in the next five years, the foreign ministry said in a statement on its website, citing Wang at a conference in Vietnam.
Wang said China would widen market access and open up its financial sector.
The practices of unilateralism and protectionism would be a form of regression, and not only would they lead to a dead end, they would damage one’s own interests, he said.