Commentary: China makes mammoth adjustments to investment and trade rules

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With a new investment law and the tax burden on businesses reduced, China shows it remains very responsive to perceived challenges to national ...

HONG KONG: In Washington DC, a bipartisan consensus about China has emerged. The United States is facing a trade-manipulating, intellectual-property thief that represents a strategic threat to the US and its allies and deserves to be punished.

Contrary to popular belief in the West, where democratic elections are typically regarded as essential to holding governments responsible for their policies, China’s approach supports accountability.Indeed, the evidence shows that policy-making is responsive to feedback from both the Chinese people and the international community, with leaders correcting mistakes and updating outdated measures as they gain new information.

Chinese Premier Li Keqiang waves as he leaves at the end of a news conference following the closing session of the National People's Congress at the Great Hall of the People in Beijing, China March 15, 2019.

 

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