China criticises new trade deal agreed by US, Canada and Mexico

The video discusses the purpose of establishing free trade zones, emphasizing openness and inclusivity. It highlights the importance of economic autonomy and the mutual benefits of trade relations with China. The video also covers China's rational response to trade measures and the reluctance of US business leaders to oppose tariffs on Chinese products due to government pressure.

What is the primary goal of establishing a free trade zone?

• To restrict trade between members

• To promote exclusivity among members

• To facilitate trade among members

• To limit external relations of members

What principle should guide the establishment of free trade zones?

• Isolationism

• Restrictive policies

• Open and inclusive principles

• Exclusivity

What is emphasized as important for each economy in the second section?

• Autonomy in developing external economic relations

• Dependence on a single trade partner

• Avoiding cooperation with China

• Isolation from global trade

Why are some American business leaders hesitant to oppose tariffs on Chinese products?

• Fear of government suppression

• Fear of losing market share

• Lack of interest in Chinese products

• Support for the tariffs

What is China's stance on its countermeasures?

• Rational and restrained

• Aggressive and unrestrained

• Supportive of US policies

• Indifferent