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China white paper says latest U.S. tariffs won't fix trade issues

Published 06/01/2019, 10:20 PM
Updated 06/01/2019, 10:25 PM
© Reuters. A surveillance camera is seen next to containers at a logistics center near Tianjin Port

BEIJING (Reuters) - The latest U.S. tariffs on Chinese imports will not resolve the two countries' trade issues, and the United States bears responsibility for setbacks in the talks process, a policy paper published by the Chinese government said on Sunday.

China can ensure good momentum for sustained economic development and economic prospects for the country are "extremely optimistic", the paper said.

China will not concede on issues of principle, it added.

Latest comments

if you got the moneys and you want to do business you would move to the U S of A. trump won't give up until he said deal!
make business in USA very complecate. you need to pay taxes, to fulfill many stringent requirements.
I think you should add one more condition. If you got money and you are not asian background, especially not Chinese, and you also want to do business, then you would move to US
Trump will break soon and will have to make a deal. If not, we are going to hit recession. Many companies already warned, they have to increase price on many goods. The majority of people will suffer. Many don't even have $400 in the bank. Debts are high, with car payments, student debt and out of control housing, we are heading for some tough times ahead. China is already ready for the Long March.
CFO HuaWei goes free for trade deal. That is what China wants.
Well, I don't think that is the focus. Huawei's CFO is just an entrepreneur. The focus should be whether Chinese firm can be treated fairly in US.
china people smart
With Trump arrogantly picking fights with virtually every country in the world, US increasingly risk being isolated. Europe has basically says the same thing as China, no talks under Trump's gun to the head approach. We are starting to see Europe companies openly saying " Europe has no choice but to side with China in escalating tech war". UAE is forging ahead with Huawei 5G tech. US risks long term damage due to Trump's arrogant ways.
trump just stopping china theivery and manipulation -
US economic will be going down.
China is the hottest on this board. Best advertising
US recession is coming soòn
you may go to canada
Sacrifice and short term pain, for long term success.
China severely underestimating our resolve. Yes, U.S. stock market will suffer, liberals will shed tears and blame Trump for temporary pain, but in the end U.S. has nothing to lose. China can be replaced with India, South American countries, Etc..... Our Republic is stronger then ever, God Bless America. #Trump2020
they have another choice
Lol
You should say Trump has nothing to lose. He has sufficient money to have a luxury life style for the rest of his life. But in long term US will definitely suffer from the higher cost of everything. Even bottle water will be more expensive without any salary increase.
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