At a critical moment in Sino-US negotiations, 32 countries decided to cancel China`s preferential treatment, which will be implemented on December 1st

China has always insisted on opening up in its development and has actively established trade relations with other countries. Therefore, China's economy has developed rapidly. Import and export trade has also become a major driving force for the development of Chinese enterprises and an important factor in China's economic development. After China joined the WTO, more and more countries have trade with China, and some countries have adopted the most preferential treatment policy for China. At the critical moment of the Sino-US negotiations, the 32 countries decided to cancel their preferential treatment to China starting from December 1.

Western countries decide to cancel preferential treatment for China?

In the past few decades, China`s trade development has been very rapid, which has a lot to do with the most favorable tariff policies that countries have given to China. This is a special treatment for developing countries. Lowering tariffs can promote the development of developing countries. Development and progress in the field of trade.

The reason why these countries abruptly canceled their preferential treatment to China is because they feel that China's economic output is already the second largest in the world, and they no longer need to enjoy the most preferential treatment. In fact, China's per capita GDP is still very low in the world, and it is obviously unfair for Western countries to cancel the most favorable treatment for China.

Many countries in the world have close trade relations with China. Even if Western countries cancel the most preferential treatment for China, the impact on China will not be great. China can develop trade with other countries. Once the Chinese market is lost, it is also a major loss for Western countries.

Western countries should be cautious. It is not easy to isolate China in economics and trade?

As the Sino-US confrontation continues to escalate and the two countries have ushered in new negotiations, the actions of Western countries obviously have the meaning of helping the United States. However, these countries should realize that China's trade development foundation is already very strong, and China can find other suppliers instead of leaving Western countries. The United States and other Western countries still have not given up their suppression of China, making things difficult for China and creating various obstacles to China's development. But no matter how hard these countries struggle, they cannot hinder China's development.

With the development of multi-polarization, there is more and more trade between countries, and it is unrealistic to create a threat to China in terms of trade. All countries must realize that cooperation is the right choice. The United States and other Western countries should abandon unrealistic ideas and actively promote world progress.

Trade is an important part of a country's economic development. Western countries should be cautious not to provoke problems with China in economics and trade. The United States is the best illustration. Although the United States clamored to decouple from the Chinese economy, the United States still cannot do without the Chinese market and still needs China's help.