Senior diplomat repeats stance that Beijing doesn’t want a trade war
China’s door of dialogue with the United States on bilateral trade frictions remains open, foreign minister Wang Yi said on Monday, reiterating that Beijing does not want a trade war.
“China’s door of dialogue and negotiation remains open, but any dialogue must be based on equality and mutual respect,” Wang, who is also a State Councillor, said on Monday during a joint news conference with Britain’s Foreign Secretary Jeremy Hunt in Beijing. “Any threats or pressure by one side will only be counterproductive.”
Wang added that China and the US should resolve trade frictions through the World Trade Organisation framework.
Wang also repeated Beijing’s stance that the root cause of the current trade imbalances between the world’s top two economies lies with Washington, adding that the United States has reaped huge profits from China.
