U.S. unilateral tariffs against China undermine rule-based int’l trade: Stiglitz

NEW YORK, April 12 (Xinhua) — The U.S. unilateral slapping of steep tariffs on China’s goods undermines a rule-based multilateral trade regime which has been crucial for global growth, said Nobel Prize-winning American economist Joseph Stiglitz.

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Economic Watch: China locked and loaded as trade tensions escalate

BEIJING, April 7 (Xinhua) — In face of trade tensions increasingly stirred up by the United States, China has ample trade weapons loaded to return fire and protect its own interests whenever necessary, officials and economists have said.

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