China's top diplomat Wang Yi asserted that the country would respond strongly against any U.S. tariff escalation during a press conference. He criticized the U.S. for blaming China for its domestic issues, particularly the fentanyl crisis. Wang underscored the need for sincere diplomatic relations, warning that a contradictory approach could damage bilateral trust. His statements were intended to reassure both Chinese citizens and foreign investors amidst economic challenges and declining foreign investment, emphasizing cooperation for mutual benefits over confrontational tactics.
Mr. Wang emphasized that if the U.S. escalates trade tensions with further tariffs, China will retaliate firmly, highlighting a commitment to counter any pressure.
He stated, 'If you choose to cooperate, you will achieve mutual benefit...if you blindly exert pressure, China will definitely, resolutely counter,' indicating China's stance on trade.
Wang criticized the U.S. approach, saying, 'No country can fantasize that it can suppress and contain China while at the same time develop good relations with China.'
During a press briefing, Wang aimed to foster confidence in China's economic future, as foreign investment was declining due to economic challenges and policies.
Collection
[
|
...
]