Reported 17 days ago
Xie Feng, China's new ambassador to the U.S., emphasized that there are no winners in trade wars during a speech in Shanghai, addressing concerns over potential confrontations following Trump's election victory. He argued that the differences between the two nations should foster exchanges instead of conflict, citing collaboration as a path for mutual growth. With the U.S. poised to impose stricter tariffs, Beijing is ready to retaliate if needed, while analysts suggest that even significant tariffs would have a limited effect on China's economy.
Source: YAHOO