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China will further open up but not due to US pressure
2018-06-05 14:49:00

China will further open up but not due to US pressure

Dong Yan

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China will take measures to further open up to the outside world, Xi said in his highly-anticipated keynote address at the Boao Forum for Asia. But amid the escalating China-US trade conflict, some people have wrongly assumed Xi made the remarks with the Trump administration's accusations in mind. But a review of China's policies shows the country will deepen reform and opening-up because of its practical development needs, not because of any other country's demand or coercion.

And more importantly, if the US insists on starting a trade war, China's further opening-up policies will not apply to any US enterprises.

To people concerned about China's development, Xi's speech must have sounded inspiring, but not surprising, as opening-up has been a development theme for China for the past 40 years.

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