US ambassador warns against China’s manufacturing dominance: ‘not healthy’United States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostThe top US envoy to China called on Thursday for fair and reciprocal trade between the world’s two largest economies and expressed concern about projections that China’s dominance of global manufacturing will grow even further in the years to come.
US Ambassador David Perdue told business and government leaders in Beijing that China should be congratulated on becoming a manufacturing powerhouse, but echoed fears in Europe and elsewhere that China’s exports pose a threat to factories and jobs in…Read More

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