Wednesday, March 1, 2017

Trade war between US and China threat to global economy, says Australian trade minister

A trade war between the United States and China would pose a threat to the global economy, ­Australian trade minister Steven Ciobo warned.

Such a turn of events “would do nothing except cripple economies and hurt global growth”, ­Ciobo, Australia’s minister for trade, tourism and investment, warned during a visit to China last week.

“That’s not where Australia sees our future. Our future [is charted] through important ­engagement with key growth markets,” he said.

Ciobo led a delegation of ­business leaders to Beijing and Shanghai, where they met senior Chinese executives and government officials, including Xu Shaoshi, who has



source http://www.omnipopmag.com/2017/03/02/trade-war-between-us-and-china-threat-to-global-economy-says-australian-trade-minister/

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