The trading relations between China and USA have been beneficial for both during the last four few decades. Furthermore, the world have adapted to the superb manufacturing power and recently to the wealth creation in China.
Recent economic development in Asia will continue to create new opportunities while shifting manufacturing around the region. This can create an strategical move and opportunity for India.
I recently read from Reuter:
China called on the United States to respect international trade rules and improve cooperation and dialogue in reaction to two new orders by U.S. President Donald Trump calling for an investigation into trade abuses.
Any U.S. trade enforcement measures should comply with generally accepted international trade rules and differences between the two countries should be handled properly, an unidentified spokesperson for China’s Ministry of Commerce said in a speech on Saturday.
“China is willing to cooperate with the United States on a basis of equality and mutual benefit,” the spokesperson said in the speech released on the ministry’s website.
China maintains that the China-U.S. trade imbalance is mostly the result of differences between the economic structures and development stages of the two countries.
Data from reuters’ reporters.