Home / Knowledge / News / Textiles / China wants US trade deal but not scared of fighting: Xi

China wants US trade deal but not scared of fighting: Xi

25
Nov '19
Pic: Shutterstock
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.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 5th Dec 2019

Vietnam, Egypt should resolve issues to raise trade: MoIT

The two-way Egypt-Vietnam trade value of $470 million last year does...

Pic: Lenzing

Textiles | On 5th Dec 2019

Lenzing has vision towards net-zero CO2 emissions by 2050

The Lenzing group, a recognised leader in climate action, recently...

Pic: Shutterstock

Textiles | On 5th Dec 2019

Pak releases Rs 81.132 mn for textile industry development

Pakistan's ministry of planning development and reforms has so far...

Interviews View All

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Arup Chakraborty,

Arup Chakraborty

Mirrorsize is a US-based start-up that provides artificial intelligence...

Rushiraj Mulani,

Rushiraj Mulani

The Shradhdha Group of companies was established in 2010 and is based out...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search