EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

China will ‘firmly counter’ US trade pressure: top diplomat

Andrew Murphy by Andrew Murphy
March 6, 2025
in Economy
Reading Time: 5 mins read
A A
1
36
SHARES
450
VIEWS
Share on FacebookShare on Twitter

Speaking at a press conference on the sidelines of a key political meeting, Wang Yi warned the "law of the jungle" could take hold in the world. ©AFP

Beijing (AFP) – China’s foreign minister on Friday vowed Beijing would “firmly counter” US pressure, after Donald Trump heaped tariffs on Chinese goods and torched off a trade war between the world’s two largest economies. Speaking at a press conference on the sidelines of a key political meeting, Wang Yi warned the “law of the jungle” could take hold in the world if nations were to pursue purely their own interests.

Related

Trump says EU not offering ‘fair deal’ on trade

UK automakers cheer US trade deal, as steel tariffs left in limbo

Global oil demand to dip in 2030, first drop since Covid: IEA

US retail sales slip more than expected after rush to beat tariffs

Why stablecoins are gaining popularity

Touting Beijing’s cooperation in the fight against the fentanyl epidemic in the United States, Wang said Washington should not “repay kindness with resentment, let alone impose tariffs without reason.” “There are around 190 countries in the world,” Wang said. “Imagine if every country emphasised their own priority and believed in strength and status, the world would fall back into the law of the jungle,” he added.

Washington’s current policy, Wang said, was “not how a responsible major country behaves.” “China-US economic and trade ties are mutual,” the veteran diplomat said. “If you choose to cooperate, you can achieve mutually beneficial and win-win results. If you use only pressure, China will firmly counter,” he added.

Wang also called for negotiations to end the war in Ukraine, warning “conflict has no winners, and peace has no losers.” “China welcomes and supports all efforts dedicated to peace,” he stressed. And he urged all parties to seek a “comprehensive and lasting ceasefire in Gaza and increase humanitarian assistance.”

The Chinese top diplomat was speaking on the sidelines of the “Two Sessions” political meetings in Beijing, so far clouded by a new administration in the United States that is overturning the international order. Beijing has vowed to fight a trade war with the United States “to the end” as tariffs from Washington buffeted the global economy and threatened to hit Beijing’s lagging growth.

The country’s leaders set an ambitious annual growth target of around five percent this week, vowing to make domestic demand its main economic driver as the escalating trade confrontation with the United States hit exports. US President Donald Trump imposed more blanket tariffs on Chinese imports this week, following a similar move last month—levies expected to hit hundreds of billions of dollars in total trade between the world’s two largest economies.

© 2024 AFP

Tags: ChinaTrade WarUS-China relations
Share14Tweet9Share3Pin3Send
Previous Post

Australian casino firm scrambles for cash to survive

Next Post

China’s exports start year slow as US trade war intensifies

Andrew Murphy

Andrew Murphy

Related Posts

Economy

Bank of Japan holds rates, will slow bond purchase taper

June 17, 2025
Economy

Ecuador pipeline burst stops flow of crude

June 16, 2025
Economy

Yen slides ahead of Bank of Japan policy decision

June 16, 2025
Economy

War, trade and Air India crash cast cloud over Paris Air Show

June 16, 2025
Economy

China factory output slows but consumption offers bright spot

June 16, 2025
Economy

US Fed set to hold rates steady in the face of Trump pressure

June 16, 2025
Next Post

China's exports start year slow as US trade war intensifies

Asian stocks, bitcoin down as trade uncertainty roils markets

China tariffs aimed at Trump fan base, but leave wiggle room

China to 'firmly counter' US trade pressure, foreign minister warns

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025

Taiwan tests sea drones as China keeps up military pressure

June 17, 2025

G7 leaders urge Trump to ease off trade war

June 17, 2025

Oil prices rally, stocks slide as traders track Israel-Iran crisis

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.