China's CIC head says Trump to be careful in considering tariffs when in officeMELBOURNE (Reuters) - The CEO of China’s sovereign wealth fund said on Thursday he expects U.S. President-elect Donald Trump to be very careful in considering whether to increase tariffs in line with his election promises because it would not be in U.S. interests.                 China Investment Corporation chairman and CEO Ding Xuedong said Republican Trump had used a number of “slogans” during the hard-fought campaign against Democratic rival Hillary Clinton that were purely for the purpose of getting elected. “Some of the slogans will be put into effect, for example, he’s going to cut taxes and increase spending and he’s going to increase investment in infrastructure and in this way to stimulate the American economy. I believe that’s possible,” Ding told the Boao Forum for Asia in Melbourne. “But if he’s going to increase tariffs ... and begin a trade war, then I believe it is against the globalization trend and I believe that Mr Trump will be very careful in considering whether to put these measures in place,” he said. Trump’s focus once he has taken office would turn to global trade and on increasing benefits to the United States from global trade, Ding said, and that he may find that raising tariffs would not work to that end.   “They may not be effective .. or (of) benefit to the U.S.,” he said. Throughout the election campaign, Trump threatened China and Mexico with punitive tariffs that some economists have warned could spark a trade war that could potentially roll back decades of liberalization. He also threatened to redraw trade deals, including the Trans-Pacific Partnership, which would be a blow to Japan’s export-dependent economy. politicsNews
china cic head says trump careful considering tariffs officemelbourne reuters the ceo china sovereign wealth fund said thursday expects donald trump careful considering whether increase tariffs line election promises would interests china investment corporation chairman ceo ding xuedong said republican trump used number slogans campaign democratic rival hillary clinton purely purpose getting elected some slogans put effect example going cut taxes increase spending going increase investment infrastructure way stimulate american economy i believe possible ding told boat forum asia melbourne but going increase tariffs begin trade war i believe globalization trend i believe mr trump careful considering whether put measures place said trump focus taken office would turn global trade increasing benefits united states global trade ding said may find raising tariffs would work end they may effective benefit said throughout election campaign trump threatened china mexico punitive tariffs economists warned could spark trade war could potentially roll back decades liberalization he also threatened redrawn trade deals including partnership would blow japan economy politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: China's CIC head says Trump to be careful in considering tariffs when in officeMELBOURNE (Reuters) - The CEO of China’s sovereign wealth fund said on Thursday he expects U.S. President-elect Donald Trump to be very careful in considering whether to increase tariffs in line with his election promises because it would not be in U.S. interests.                 China Investment Corporation chairman and CEO Ding Xuedong said Republican Trump had used a number of “slogans” during the hard-fought campaign against Democratic rival Hillary Clinton that were purely for the purpose of getting elected. “Some of the slogans will be put into effect, for example, he’s going to cut taxes and increase spending and he’s going to increase investment in infrastructure and in this way to stimulate the American economy. I believe that’s possible,” Ding told the Boao Forum for Asia in Melbourne. “But if he’s going to increase tariffs ... and begin a trade war, then I believe it is against the globalization trend and I believe that Mr Trump will be very careful in considering whether to put these measures in place,” he said. Trump’s focus once he has taken office would turn to global trade and on increasing benefits to the United States from global trade, Ding said, and that he may find that raising tariffs would not work to that end.   “They may not be effective .. or (of) benefit to the U.S.,” he said. Throughout the election campaign, Trump threatened China and Mexico with punitive tariffs that some economists have warned could spark a trade war that could potentially roll back decades of liberalization. He also threatened to redraw trade deals, including the Trans-Pacific Partnership, which would be a blow to Japan’s export-dependent economy. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: china cic head says trump careful considering tariffs officemelbourne reuters the ceo china sovereign wealth fund said thursday expects donald trump careful considering whether increase tariffs line election promises would interests china investment corporation chairman ceo ding xuedong said republican trump used number slogans campaign democratic rival hillary clinton purely purpose getting elected some slogans put effect example going cut taxes increase spending going increase investment infrastructure way stimulate american economy i believe possible ding told boat forum asia melbourne but going increase tariffs begin trade war i believe globalization trend i believe mr trump careful considering whether put measures place said trump focus taken office would turn global trade increasing benefits united states global trade ding said may find raising tariffs would work end they may effective benefit said throughout election campaign trump threatened china mexico punitive tariffs economists warned could spark trade war could potentially roll back decades liberalization he also threatened redrawn trade deals including partnership would blow japan economy politicsnews