More than a year's trade war has frustrated China's export-oriented economy. Even so, Chinese experts argue that the cost of compromise is more damaging. Trump is trying to change the U.S. -China trade relationship, which underpins his economic plan and political appeal. Edward Alden, a senior researcher at the Institute of Foreign Affairs, said: "Tariffs undoubtedly have done some damage to China's economy. Therefore, China is inclined to continue negotiations and avoid further escalation. "But to say that the Chinese are ready to accept agreements that require them to make fundamental changes in the economic structure is quite another matter."
Trump once said that trade wars can be "won easily", but they can't be won late. David Burman, an assistant professor of Chinese affairs at Johns Hopkins University, said Trump always said that the United States had the upper hand. In fact, he might overestimate the economic influence on China. "At present, the Chinese are more confident and think their economy is OK... So they don't want to accept some bigger demands." "Trump, and many other American economists, often overestimate the impact of tariffs on China," he said. (Author Silvan Ryan)
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