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[size=36]China: What Washington does to us is economic terrorism[/size]
Economy | 09:02 - 30/05/2019
Follow - up to the balance of News
accused China on Thursday, the US practice of "economic terrorism Exposed" against it , with the escalation of the Beijing dialect in the trade war between the two countries.
The two economies are at odds, after an apparent stalemate in negotiations. US President Donald Trump raised tariffs on Chinese goods earlier this month and listed Huawei as a black list.
"We are against the trade war, but we do not fear it," Chinese Vice Foreign Minister Zhang Hanwei told a news conference to present President Xi Jinping's visit to Russia next week.
"This deliberate incitement to a trade crisis is open economic terrorism, national economic fanaticism and economic bullying," he warned, warning that "there is no winner in a trade war."
China responded by increasing its duties on US goods, while official media threatened that China could halt exports of rare metals to the United States, depriving Washington of key materials involved in manufacturing many high-tech products.
"This trade war will also have a serious negative impact on the recovery and development of the world economy," Zhang said.
He noted that there is broad consensus and common interests between Russia and China in the issue of trade war.
"China and Russia will certainly promote economic and trade cooperation between them, including cooperation in various fields such as economic and trade investment," he said.
China and Russia "will certainly respond to the various external challenges, do what they have to do and continue to develop the economy and continuously improve living standards for their people," he said.
accused China on Thursday, the US practice of "economic terrorism Exposed" against it , with the escalation of the Beijing dialect in the trade war between the two countries.
The two economies are at odds, after an apparent stalemate in negotiations. US President Donald Trump raised tariffs on Chinese goods earlier this month and listed Huawei as a black list.
"We are against the trade war, but we do not fear it," Chinese Vice Foreign Minister Zhang Hanwei told a news conference to present President Xi Jinping's visit to Russia next week.
"This deliberate incitement to a trade crisis is open economic terrorism, national economic fanaticism and economic bullying," he warned, warning that "there is no winner in a trade war."
China responded by increasing its duties on US goods, while official media threatened that China could halt exports of rare metals to the United States, depriving Washington of key materials involved in manufacturing many high-tech products.
"This trade war will also have a serious negative impact on the recovery and development of the world economy," Zhang said.
He noted that there is broad consensus and common interests between Russia and China in the issue of trade war.
"China and Russia will certainly promote economic and trade cooperation between them, including cooperation in various fields such as economic and trade investment," he said.
China and Russia "will certainly respond to the various external challenges, do what they have to do and continue to develop the economy and continuously improve living standards for their people," he said.
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