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China-United States trade war causes “both sides suffering”?

出自香港新聞網 - 樹仁新傳系學生實習習作

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Reported by Lam Shui Ting on 8th October, 2019

Alex Fan, the Vice Chairman of the Money Magazine (China), said that China-United States trade war may cause “both sides suffering”, today at Hong Kong Shue Yan University.

“The genuine competitors of US are Japan and Europe.” Said Alex Fan. He raised that US acting against China is because of “Thucydide’s Trap” which means a new developed country, China, is meant to challenge another developed country, the US. Therefore Alex Fan believes that starting up China-US trade war would make loss on GDP of both countries.

Alex Fan added that China and the US might be able to reach an agreement in certain, small area such as importing agricultural products from US. Still, there is a deep-level crisis between two countries.

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