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      China urges U.S. to rethink on trade protectionism

      Source: Xinhua| 2018-03-30 19:58:44|Editor: Lu Hui
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      BEIJING, March 30 (Xinhua) -- China on Friday called on U.S. decision makers to seriously weigh up the value of its unilateral trade protectionism.

      Chinese Foreign Ministry Spokesperson Lu Kang made the call at a daily press briefing, commenting on recent remarks made by U.S. Ambassador to China Terry Branstad on possible Chinese retaliation on soybean imports from the United States.

      Lu said it was not just people from the U.S. agricultural industry that were worried about the deterioration of trade ties caused by the unilateral moves of the U.S. administration.

      China expected the U.S. side to heed the voice of U.S. consumers and business communities, he said.

      "We have reiterated several times that China does not want a trade war," Lu said. "However, if China is forced into such a war, we have the confidence and capability to cope with any challenges."

      Lu said that once a trade war was triggered, the defending party would decide the time, method and areas to counter it based on its own interests and requirements.

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      BEIJING, March 29 (Xinhua) -- China said Thursday that the U.S. trade approach had set a bad precedent that could trigger a domino effect on protectionism, and the United States must resort to dialogue and consultation to settle disputes.? Full story

      Interview: Unilateral sanctions can't cure U.S. trade deficit, says trade expert

      NEW YORK, March 29 (Xinhua) -- Unilateral sanctions can't resolve the U.S. trade deficit problem but will instead significantly hurt businesses and consumers in both the United States and China, a trade expert has said.? Full story

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      CHICAGO, March 29 (Xinhua) -- U.S. protectionist measures of unilaterally imposing steep tariffs will not solve trade problem but risk opening a Pandora's box to backfire on its own economy, said U.S. experts.? Full story

      High tariffs on Chinese imports would weaken America: economists

      BEIJING, March 30 (Xinhua) -- As the U.S. administration has taken an increasingly hawkish turn on China, economists agree that the U.S. high tariffs plan on Chinese imports will backfire.? Full story

      KEY WORDS: protectionism
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