US ambassador warns against China’s manufacturing dominance: ‘not healthy’
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US Ambassador to China David Perdue expressed concern Thursday in Beijing regarding China's growing dominance in global manufacturing. Speaking to the American Chamber of Commerce in China, Perdue stated that this dominance is "not healthy" for the rest of the world, echoing similar sentiments in Europe. He called for fair and reciprocal trade between the US and China. Perdue's remarks come after a period of escalating tariffs between the two countries initiated by the US under President Trump, who aimed to boost domestic manufacturing. The two nations agreed to a one-year pause on further tariff increases in late October.
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