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"In no case can it confidently be said that American protectionism was a substantial cause of American prosperity or the flourishing of protected U.S. industries," he said in a recent study titled "Doomed to Repeat It."
He encouraged the Taiwan business community to engage in fields they are competitive. The Belt and Road Initiative aims to prioritize people-to-people exchange, capital flow, logistic and information connectivity. Pang described this as "uNPRecedented opportunities" for the medium and small businesses, and the manufacturing industry in Taiwan.
Japan will stick to the principles established in the four important political documents between China and Japan, and stick to the road of peaceful development and defense-only policy, he said.
Various charity groups have announced to offer emergent financial help to the victims' families.
"There is no winner in a trade war, and the victims will be all the parties involved in the whole industrial chain," he said.
来源：资阳报