The Ministry of Defense of China announced its readiness for a trade war with the United States
The theme of the trade war that the United States declared to China was raised at the Shangri-La Dialogue, an international conference on security issues in the Asia-Pacific region, held in Singapore.
Member of the State Council, Minister of Defense of the People's Republic of China Wei Fenghe, who is participating in the conference, said that China is ready for a trade war, but at the same time leaves the door open for negotiations.
RIA News" quote the Chinese Minister of War:
In his speech, Wei Fenhe also noted that the history of relations between the two countries shows that confrontation equally harms both sides. According to him, Beijing nevertheless expects that the principles of mutual benefit and the rejection of confrontation will become the basis for US-China cooperation.
Recall that on May 10, unexpectedly for China, the United States once again increased duties on Chinese goods from 10% to 25% for a total of $ 200 billion, and in line with Trump announced an increase in duties on Chinese imports by another 300 billion.
In such circumstances, it is difficult to imagine a way out of the situation for China, in which the "principle of mutual benefit" of which Wei Fenghe speaks.
Member of the State Council, Minister of Defense of the People's Republic of China Wei Fenghe, who is participating in the conference, said that China is ready for a trade war, but at the same time leaves the door open for negotiations.
RIA News" quote the Chinese Minister of War:
If the United States wants negotiations, we leave the door open. But if they want war, then we are ready.
In his speech, Wei Fenhe also noted that the history of relations between the two countries shows that confrontation equally harms both sides. According to him, Beijing nevertheless expects that the principles of mutual benefit and the rejection of confrontation will become the basis for US-China cooperation.
Recall that on May 10, unexpectedly for China, the United States once again increased duties on Chinese goods from 10% to 25% for a total of $ 200 billion, and in line with Trump announced an increase in duties on Chinese imports by another 300 billion.
In such circumstances, it is difficult to imagine a way out of the situation for China, in which the "principle of mutual benefit" of which Wei Fenghe speaks.
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