Zhou Wenzhong Discusses the U.S.-China Trade Relationship
In an interview with the China Internet Information Center, EWI Board Member Zhou Wenzhong discussed the potentially shaky future of trade relations between China and the United States.
"There is the possibility that trade frictions between China and the U.S. will escalate in 2013," said Zhou, noting that protectionist policies might arise out of America's slow-moving economic recovery.
He cited the blocked attempt of an affiliate of China's Sany Group to purchase four U.S. wind farms as an example of such behavior.
Additionally, Zhou predicted that U.S. efforts to renew domestic manufacturing would have little impact on China's economy.