2018-04-12

Trade War On: Chinese Ministry of Commerce: US Not Negotiating in Good Faith

iFeng: 商务部:美方根本没有表现出谈判的诚意
Today, the Ministry of Commerce held a regular press conference. The spokesperson of the press spokesperson said at a high summit that China’s opening up measures are open and active and have no relationship with Sino-US economic and trade frictions.

Ministry of Commerce: China's opening up measures are open and have no relationship with Sino-US economic and trade frictions

The spokesman of the Ministry of Commerce said at the summit that the major measures announced by the Chinese government for opening up are based on an accurate assessment of China’s current level of development and a major strategic decision to lead China’s higher level of opening up in the new era. It is China’s own. The need for development has nothing to do with the economic and trade frictions between China and the United States.
Ministry of Commerce: The U.S. has not shown sincerity in negotiations

At the press conference, Gao Feng stated that it is not the question of China’s willingness to participate in the negotiations but the actions of the US. It has not shown sincerity in the negotiations. The United States first published a list of 50 billion U.S. dollars worth of products to be taxed on the basis of the 301 investigation, and then very arbitrarily raised 100 billion U.S. dollars in taxed goods. This is typical of unilateralism and trade protectionism. Under unilateral coercion, it is impossible for China to conduct any negotiations.
In order to safeguard the interests of the country and the people, we will not hesitate to pay any price and do not rule out any options. China's ability and confidence cannot be questioned. We will say it.

Gao Feng: "At present, China and the US financial officials failed to make any negotiations we said, there is a principle of negotiation. If the United States insists, persists in pursuing unilateralism, trade protectionism, China will resolutely fight, fight in the end. For the United States We will listen to their opinions and observe their actions."

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