A nation must think before it acts.
In an editorial published hours before the signing ceremony, China’s state-run Xinhua news agency said Washington’s threat to investigate China’s trade practices would “harm mutually beneficial China-US trade ties and ultimately hurt American consumers”.
The investigation “will lead to tension and it will cause pain” for companies invested in China, Arthur Waldron, a University of Pennsylvania professor of international relations and an original member of the US-China Economic and Security Review Commission, said in an interview with the South China Morning Post. “But remember, it was their decision to invest there.”
“I think there was a lot of faulty risk analysis [on the part of US companies investing in China], and I think a lot of that was because companies were so eager to get into the Chinese market.”