China and the US will not start a trade war as President Donald Trump is an open-minded person who needs more time, Ma said. Ma, who has met Trump promising to create a million jobs in the US and market a million American products, said it is wrong to ascribe America’s economic problems to China. China did not steal American jobs, Ma said, adding that the loss of jobs is a strategic mistake on the part of the US, state-run People’s Daily reported on Sunday. The US adopted a strategy to control intellectual property rights and select brands three decades ago, leaving lower-level works to the rest of the world, Ma said. It is easy to wage a trade war, but hard to end the war—perhaps even impossible.

Source: Mint January 22, 2017 13:42 UTC