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
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

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
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
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