China’s Xi says Beijing wants trade deal, can ‘fight back’

BEIJING — Chinese President Xi Jinping says Beijing wants to work for a trade deal with the United States but is not afraid to “fight back.”

Reinforcing the upbeat tone taken in recent days, Xi told a visiting U.S. business delegation on Friday that China holds a ‘positive attitude’ toward the trade talks.

He reiterated China’s stance that a deal requires ‘mutual respect and equality.’

The latest flareup in trade tensions came after President Donald Trump imposed punitive tariffs last year on billions of dollars’ worth of Chinese exports to the U.S., seeking to ramp up pressure for changes in Chinese trade and investment policies.

Xi told the senior leaders meeting at Beijing’s ornate Great Hall of the People that China is not afraid, but doesn’t want a trade war.

Must Read

China says it can't end North Korea nuke program...

Sep 12, 2016

China says the United States has inflamed the conflict on the Korean Peninsula and must carry the...

Asian markets lower after Wall Street decline

Sep 15, 2016

Asian stock markets were mostly lower Thursday following Wall Street's decline in light trading...

Tesla's Autopilot system under scrutiny in fatal...

Sep 15, 2016

Tesla faces new scrutiny in China about its vehicle Autopilot system after state television...

Asian stocks markets retreat after Wall Street...

Dec 23, 2016

Most Asian stock markets have declined in thin trading ahead of the Christmas holiday after Wall...

DEA opens shop in China to help fight synthetic...

Jan 6, 2017

The U.S. Drug Enforcement Administration plans to open a new office in southern China and, at...

Sign up now!

Advertisement

Latest News

Trending News

About Us

Asialogue holds a collection of past news for readers to understand what happened before these latest events.