US media: China's trade surplus exceeds 1 trillion, yet doesn't buy US bonds, this is a "beggar-thy-neighbor" behavior!
On December 8, in response to China's trade surplus exceeding 1 trillion, the Wall Street Journal became restless and criticized us directly. Over the past five years, China's exports have soared, while imports have "stagnated." The Beijing authorities are only focused on expanding exports, but are unwilling to buy more foreign products, which is a "beggar-thy-neighbor" growth model.
The report by the Wall Street Journal is full of bitterness. In recent years, in order to promote trade balance, China has held the China International Import Expo, creating better conditions for goods from around the world to enter China. Countless foreign products have realized the opportunity to enter China's vast market through the import expo hosted by China.
In contrast, the United States itself is regressing, starting a trade war and using tariffs to force other countries to buy American agricultural products, energy, and US bonds. This is the real "beggar-thy-neighbor" behavior.
Original article: toutiao.com/article/1850987631382539/
Statement: This article represents the personal views of the author.