China is in a winning position in the commercial war

Interview with Prof. Zahari Zahariev, President of the National Association “For the Belt and Road”; Vadim Roshmanov, President of the Association for International Social Development in the “Business Start” of Bloomberg TV.

China is in a winning position in the nearly-year-long trade war with the United States. Around this, Prof. Zahari Zahariev, President of the National Association “For the Belt and Road”, and Vadim Roshmanov, Chairman of the Association for International Social Development, united in the Business Start show with Hristo Nikolov.

One of the trumps of China is that the country has already introduced changes to the directions that the American accusations have made, Zahariev said.

“China opened up the possibility for foreign companies to participate in public procurement auctions, liberalize the banking sector, allow foreign companies to start business there without the involvement of local companies.” Thus, the country has won the approval of the whole world, including the European Union, the guest emphasized.

Roshmanov also commented on some of the latest data on the Chinese economy, pointing out that the Asian country has increased by about 15% its imports and exports for the last month. “This means China finds new markets and can respond with self-confidence to the new round of American customs introduced earlier today.” But what is happening between the US and China should stir the whole world economic economy and all the major players on the geopolitical scene, Zahariev said.

“One of the retaliatory measures against the American myths that the Chinese country is talking about will be a direct confrontation with the US embargo against Iran. This will affect the negotiations between Washington and Pyongyang and will also contribute to the shifting of the layers in terms of relations with the EU. “

Negotiations between the US and China should continue at any rate, says Roshmanov.

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