Global

China Takes a Tough Stand on US’ Approach for Trade Protectionism

Sharing is caring!

Chinese Govt. vowed to fight “till the very end” if the US insists on unilateralism and trade protectionism.

“As of now, government officials of the two countries have never engaged in any negotiations concerning the trade friction,” Gao Feng, spokesman of the Ministry of Commerce was quoted by Xinhua news agency as saying.

“Principles must be followed before negotiations get started. However, the US has not shown any sincerity to negotiate.

“Whether the two sides can negotiate under the WTO framework will depend on whether the US side still respects the WTO and whether it still respects multilateral rules.

“If the US clings obstinately to its own course and insists on unilateralism and trade protectionism, China will fight resolutely till the very end,” the spokesman added.

The spokesman noted China’s continued opening-up measures have nothing to do with the ongoing trade friction with the US.

The major strategic decisions are made based on an accurate estimation of the country’s current development level, in order to elevate opening-up in the new era to a higher level, he added said

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: