China has released a White Paper on its position on some issues concerning China-US economic and trade relations.
This is coming after US President , Donald Trump, announced ‘Reciprocal Tariffs’ on China and other countries across the world.
China released the White Paper “to clarify the facts about China-U.S. economic and trade relations, and elaborate the position of the Chinese side on relevant issues.”
In its White Paper, China said:
• China-US Economic and Trade Relations Are Mutually Beneficial and Win-Win in Nature
• The Chinese Side Has Scrupulously Honored the Phase One Economic and Trade Agreement
• The US Side Has Failed to Meet Its Obligations Under the Phase One Economic and Trade Agreement
• China Upholds the Principle of Free Trade and Strictly Complies with WTO Rules
• Unilateralism and Protectionism Undermine China-US Economic and Trade Relations
• China and the US Can Resolve Differences in Economic and Trade Areas Through Equal-Footed Dialogue and Mutually Beneficial Cooperation
