文明のターンテーブルThe Turntable of Civilization

日本の時間、世界の時間。
The time of Japan, the time of the world

the expression ‘status quo’ (current status) is often used for the current trading system

2018年11月19日 11時13分34秒 | 日記

The following is an excerpt from a paper on Today 's Sankei Shimbun on the 2nd page entitled 'whereabouts of Commerce System' by Professor Motoshige Ito of Gakushuin University.

This fact that Motoshige Ito has revealed is probably not the fact that people who control NHK's press and editorial department and Asahi Shimbun do not mention, do not want, or cannot do.

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China criticizes that the United States is trying to break the world's free trade regime such as WTO (World Trade Organization).

They also insist that it must be observed the current free trade system.

I feel humorous that the China consolidated with protectionist policy claims so, but certainly the WTO regime is undergoing a big challenge.

When talking with an American expert, the expression ‘status quo’ (current status) is often used for the current trading system.

They say that ‘the present situation’ is a disadvantage to the United States, and that China uses it unfairly.

It is certainly not persuasive to insist that China, which imposes high tariffs, strictly restrict foreign investment, and develops its own industrial policy, should maintain a free trade regime.

China that was a Least Develop country continues high tariffs and investment restrictions, considering the current economic scale of China, there is no justification.

As for U.S.'s wanting to change 'status quo', will say that it wants to change the present commerce system, which China is free riding.

Abbreviation.


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