ECONOMY

Academic Suggests ‘Revenge List’ as China-U.S. Trade Tensions Rise

Peking University Professor Lu Fung suggested China should identify several major U.S. exports to China that could be targeted with retaliatory tariffs, particularly U.S. products of which China imports great quantities. Photo: VCG

As trade tensions between Beijing and Washington heighten, China should prepare countermeasures including a “revenge list” and employ global trade rules to protect its interests, a top Chinese academic said.

“U.S. officials turned very hawkish this year and were basically pushing their one-sided perspectives (on trade issues),” Lu Feng, a professor at Peking University, said Monday at a forum in Beijing.

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