No solution to trade war? China to fight US till the end\, says state media

No solution to trade war? China to fight US till the end, says state media

The US must drop all tariffs imposed on China if it wants to negotiate on trade, and only an equal dialogue can resolve the issue and lead to a win-win, the newspaper said

Bloomberg 

Illustration by Binay Sinha
Illustration by Binay Sinha

China has the strength and patience to withstand the trade war, and will fight to the end if the US administration persists with it, China’s state-run People’s Daily said in an editorial Saturday.

The US must drop all imposed on China if it wants to negotiate on trade, and only an equal dialogue can resolve the issue and lead to a win-win, the newspaper said.

The paper, a mouthpiece for China’s ruling Communist Party, said the US had failed to take into account the interests of its own people, and they are paying higher costs due to the trade dispute. “Wielding a big stick of tariffs” also disregards the condition of the US and the economic order, according to the editorial.

US President and Chinese President Xi Jinping will meet on the sidelines of the G20 summit in Japan next week to discuss the between their two countries. Trump has repeatedly asserted that on Chinese imports are paid by China, not US consumers -- in defiance of the consensus of economists.

If the US chooses to talk, “then it must show some good faith, take account of key concerns from both sides and cancel all tariffs,” the paper said.

Read our full coverage on US China trade war
First Published: Sun, June 23 2019. 10:34 IST