China Won’t Back Down On U.S. Demands!

(Reuters) - China will not buckle to U.S. demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks.

China and the United States are set to return to the table with the threat of new U.S. tariffs looming after Treasury Secretary Steven Mnuchin extended the invitation to counterparts in Beijing.

The official China Daily said that while China was "serious" about resolving the stand-off through talks, it would not be rolled over, despite concerns over a slowing economy and a falling stock market at home.


"The Trump administration should not be mistaken that China will surrender to the U.S. demands. It has enough fuel to drive its economy even if a trade war is prolonged," the newspaper said in an editorial.

If the United States imposed new levies on Chinese imports then Beijing "will not hesitate to take countermeasures against U.S. tariffs to safeguard China's interests," it added.

Read more @ reuters.com


Posted Friday, September 14, 2018

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