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"But we should not forget China remains an attractive market-with a large and skilled labor force, efficient infrastructure and deep integration into global value chains. It is an increasingly attractive market that all producers aim to capture."
"China has made welcome progress in reducing external imbalances over several years, and the external position in 2018 was broadly in line with medium-term fundamentals and desirable policies," Lipton said.
"China is the largest film market in the world with a rich cinematic heritage with some of my favorite films such as Chen Kaige's Farewell my Concubine, Wong Kar Wai's In the Mood for Love and Ang Lee's Crouching Tiger, Hidden Dragon," he said.
"China has quickly vowed to retaliate and if such an escalation does materialize, it would have significant economic impact on China, the US and the rest of the world, at a sensitive time for the global economy," it said.
"By freeing up the local economy from pre-existing constraints on capital flows and having an improved climate for the development and protection of intellectual property rights, the FTZ can serve as an important catalyst for driving indigenous innovation," he said.
来源：资阳报