China’s manufacturing dominance ‘not healthy for rest of world’ – US envoy

China’s manufacturing dominance ‘not healthy for rest of world’ – US envoy
US ambassador to China David Perdue gave a speech in Beijing (Ken Moritsugu/AP)

The top US envoy to China has called for fair and reciprocal trade between the world’s two largest economies and expressed concern about projections that China’s dominance of global manufacturing will grow even further.

Ambassador David Perdue told business and government leaders in Beijing that China should be congratulated on becoming a manufacturing powerhouse but echoed fears in Europe and elsewhere that China’s exports pose a threat to factories and jobs in other countries.

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