"Our policy towards the U.S. is consistent," spokesperson Mao Ning told a regular press conference in Beijing, when asked how Trump returning to the Oval Office would affect U.S.-China relations. She emphasized that this approach remains steadfast despite the challenges presented by U.S. leadership.
"We will continue to view and handle China-U.S. relations in accordance with the principles of mutual respect, peaceful coexistence and win-win cooperation," she added, highlighting a commitment to constructive engagement despite potential increases in tensions.
Analysts say the prospect of a trade war has rattled China's leadership, who have leant heavily on exports to drive growth as consumers hold off spending in the ailing $19 trillion economy. This underscores the fragility of China's economic reliance on exports in the face of rising tariffs.
China sells goods worth more than $400 billion annually to the U.S. and hundreds of billions more in components for products Americans buy from elsewhere. This trade relationship is crucial for both economies, which may face significant disruptions in the event of escalating trade tensions.
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