China says 'trade war has no future' after Trump adviser says U.S. in economic war with China
Record ID:
906798
China says 'trade war has no future' after Trump adviser says U.S. in economic war with China
- Title: China says 'trade war has no future' after Trump adviser says U.S. in economic war with China
- Date: 17th August 2017
- Summary: BEIJING, CHINA (AUGUST 17, 2017) (REUTERS) CHINESE FOREIGN MINISTRY SPOKESWOMAN, HUA CHUNYING, WALKING IN FOR REGULAR BRIEFING MEDIA SEATED (SOUNDBITE) (Mandarin) CHINESE FOREIGN MINISTRY SPOKESWOMAN, HUA CHUNYING, SAYING: "But I would like to stress that as China has pointed out many times, China-US trade relation's essence is mutually beneficial. In reality, China and the US's long term cooperation has brought about real benefits for both countries' peoples, any unbiased person will clearly see this fact. We have also said before, a trade war has no future. A trade war does not serve the interests of any party, as fighting a trade war will not produce a winner. We hope that relative parties can stop viewing issues of 21st century with a 19th or 20th century mentality." NEWS CONFERENCE IN PROGRESS EXTERIOR OF CHINA'S FOREIGN MINISTRY CHINESE FLAG FLYING
- Embargoed: 31st August 2017 10:28
- Keywords: Chinese foreign ministry Donald Trump daily briefing economic war Hua Chunying spokeswoman
- Location: BEIJING, CHINA
- City: BEIJING, CHINA
- Country: China
- Topics: Diplomacy/Foreign Policy,Government/Politics
- Reuters ID: LVA0016UJO6YV
- Aspect Ratio: 16:9
- Story Text: China says "trade war has no future" on Thursday (August 17) after Steve Bannon, U.S President Donald Trump's chief political strategist said the United States is in an economic war with China, warning Washington is losing the fight but is about to hit China hard over unfair trade practices.
"We're at economic war with China," Steve Bannon told U.S. news site prospect.org in an interview published in Wednesday.
Chinese Foreign Ministry spokeswoman Hua Chunying said she had seen the report, and reiterated the essence of the China-U.S. trade relationship is mutually beneficial.
Bannon said the United States would use Section 301 of the 1974 Trade Act against Chinese coercion of technology transfers from U.S. corporations doing business in China and follow up with complaints against steel and aluminum dumping, according to prospect.org. - Copyright Holder: REUTERS
- Copyright Notice: (c) Copyright Thomson Reuters 2017. Open For Restrictions - http://about.reuters.com/fulllegal.asp
- Usage Terms/Restrictions: None