Sino-File

Imperfect competition

“The US is actually the least protectionist of any major country, and China is one of the most protectionist”

Wilbur-Ross-w

Wilbur Ross

America’s Commerce Secretary Wilbur Ross told media in Hong Kong that restrictions were to blame for the $347 billion US trade deficit with China. He also complained that 360 out of 400 Chinese robotics companies received subsidies last year, although on the upside he said “good personal relations” between Xi Jinping and Donald Trump “could help resolve differences”.


© ChinTell Ltd. All rights reserved.

Sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.