Phase one trade deal a step forward, a new beginning

Phase one trade deal a step forward, a new beginning – Global Times
— Read on www.globaltimes.cn/content/1173446.shtml

China’s viewpoint:

We believe as long as the US side is realistic, it is possible that such a strategic impetus can be formed and gradually expanded. The trade war is not an effective way to resolve the strategic competition between China and the US. It can neither scare China nor effectively weaken China, but will cause a gradual rise in the cost of the US economy.