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China Warns U.S. about Massive Damage due to Trade War

Chinese Prime Minister Li Keqiang has warned the United States that trade wars only stagnate national and global growth prospects. Chinese Prime Minister Li Keqiang has warned the United States that trade wars only stagnate national and global growth prospects.
Beijing, Apr 27 (Prensa Latina) Chinese Prime Minister Li Keqiang warned the United States that trade wars only stagnate national and global growth prospects, and insisted on finding a solution to any bilateral dispute through negotiations.

At a meeting with U.S. Secretary of Transportation Elaine Chao, the prime minister recalled that 'there are no winners in conflicts' of that kind; on the contrary, the recuperation of the world economy and the industrial chain of the entire planet is at risk.

Li repeated that China welcomes President Donald Trump's decision to send a delegation soon to deal with frictions with Beijing.

He added that his government will open its doors to consultations and negotiation, because economic and commercial relations between the two nations are beneficial, both bilaterally and internationally.

'China and the United States, as the world's largest developing country and developed country, are highly complementary in economic terms,' Li noted.

The two powers are going through tensions generated by an investigation by Washington that showed the alleged theft of technology and intellectual property and unfair competition by China in the U.S. market.

The two countries are expected to analyze their differences and find a negotiated solution when U.S. Secretary of the Treasury Steven Mnuchin visits China.

  • Countries: United_States

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