People's Daily Bell: The mutually beneficial and win-win nature of China-US economic and trade relations cannot be distorted

The article claims that Sino-US economic and trade relations are the result of economic laws and have strong endogenous driving forces. Countries realize their own value, meet each other's needs, and achieve common development through the exchange of goods based on comparative advantages. This is the basic principle of international trade relations. Sino-US economic and trade cooperation has brought huge economic benefits to both sides, and the United States has benefited no less than China. The US has made a big fuss about the trade deficit in goods, which has distorted the true picture of Sino-US economic and trade relations. The trade balance in goods between China and the United States is not only the inevitable result of the structural problems of the US economy, but also determined by the comparative advantages and international division of labor between the two countries. It is also related to statistical methods. There are no winners in a trade war, and China is unwilling to fight a trade war. However, the Chinese government will never sit idly by and watch the legitimate rights and interests of the Chinese people be damaged and deprived. It will China always believes that it is normal for China and the US to have differences and frictions in economic and trade cooperation. The key is to respect each other's core interests and major concerns and properly resolve differences through equal dialogue. The US should work with China halfway, immediately lift unilateral tariff measures, step up dialogue, manage differences and promote cooperation, and jointly promote the stable, healthy and sustainable development of China-US economic and trade relations.