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SourceGanzhouNewsNetwork    Updated2021-01-20 11:43:25


  LyrArc Article Gist

  Keith  Bradsher of the NYT points out that the tariffs war between China and the U.S. is not just about trade and competitive advantage. He says this marks a fundamental shift in the  way China operates as the  world's manufacturing floor. Gradually change is taking place as production moves out of China to places such as Vietnam, Indonesia, India, and other countries in  Asia. The entire supply chain for manufacturing is affected in the tariffs war and the U.S. insistence  on China changing its policies subsidizing manufacturing plants to maintain an export advantage in violation of WTO principles for fair trade.


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