Interviews
China wants US trade deal but not scared of fighting: Xi
25 Nov '19
1 min read
Pic: Shutterstock
China wants an initial trade pact with the United States and has been trying to avoid a trade conflict, according to Chinese President Xi Jinping, who last week said it is not scared of retaliating when the need arises. "We want to work for a 'phase one' agreement on the basis of mutual respect and equality," Xi told representatives of a global forum.
"When necessary we will fight back, but we have been working actively to try not to have a trade war. We did not initiate this trade war and this is not something we want," Xi was quoted as saying by global newswires.
He was responding to questions from representatives of the New Economy Forum organised by Bloomberg at the Great Hall of the People in Beijing.
Completion of a phase one trade deal may reportedly extend into the next year, according to experts.
Beijing and Washington should strengthen communication on strategic issues, the official Xinhua news agency cited Xi as saying.
"When necessary we will fight back, but we have been working actively to try not to have a trade war. We did not initiate this trade war and this is not something we want," Xi was quoted as saying by global newswires.
He was responding to questions from representatives of the New Economy Forum organised by Bloomberg at the Great Hall of the People in Beijing.
Completion of a phase one trade deal may reportedly extend into the next year, according to experts.
Beijing and Washington should strengthen communication on strategic issues, the official Xinhua news agency cited Xi as saying.
Fibre2Fashion News Desk (DS)
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
