Analysts say it is not possible for China eliminate all tariffs because it was still necessary to protect infant industries such as agriculture. Photo: Xinhua
China’s tariff-free economy proposal ‘not feasible’, analysts say
- Huang Qifan, the former mayor of Chongqing, is among a number of experts calling for China to transition to a tariff-free economy
- But most analysts say across-the-board tariff elimination is not feasible given China’s need to protect its infant industries
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Analysts say it is not possible for China eliminate all tariffs because it was still necessary to protect infant industries such as agriculture. Photo: Xinhua
