As Donald Trump threatens to impose tariffs on the entire world, Xi Jinping is once again wasting no time in positioning himself as the premier defender of the international trading system.
China’s idea of free trade is unilateral: it’s them being free to export. They’re massively protectionist within China, mainly through non-tariff barriers such as arbitrary regulation.
China’s idea of free trade is unilateral: it’s them being free to export. They’re massively protectionist within China, mainly through non-tariff barriers such as arbitrary regulation.
Can confirm!
I work in an industry that has to sell devices in China, and the hoops our clients have to jump through just to submit for approval are numerous.