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Author: Tan KW   |   Latest post: Fri, 20 Sep 2019, 10:46 PM

 

China says wants 'calm' resolution to US trade war

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BEIJING: China is willing to resolve its trade dispute with the United States through "calm" negotiations and resolutely opposes the escalation of the conflict, Vice Premier Liu He, who has been leading the talks with Washington, said on Monday.
 
The increasingly bitter trade war between the world's two largest economies sharply escalated on Friday, with both sides levelling more tariffs on each other's exports.
 
U.S. President Donald Trump announced an additional duty on some $550 billion of targeted Chinese goods on Friday, hours after China unveiled retaliatory tariffs on $75 billion worth of U.S. goods.
 
However, Trump appeared on Sunday to back off on his threat to order U.S. companies out of China.
 
Liu, speaking at a tech conference in southwest China's Chongqing, said nobody benefited from a trade war.
 
"We are willing to resolve the issue through consultations and cooperation in a calm attitude and resolutely oppose the escalation of the trade war," Liu, who is President Xi Jinping's top economic adviser, said, according to a government transcript.
 
"We believe that the escalation of the trade war is not beneficial for China, the United States, nor to the interests of the people of the world," he added.
 
U.S. companies are especially welcome in China, and will be treated well, Liu said.
 
"We welcome enterprises from all over the world, including the United States, to invest and operate in China," he added.
 
"We will continue to create a good investment environment, protect intellectual property rights, promote the development of smart intelligent industries with our market open, resolutely oppose technological blockades and protectionism, and strive to protect the completeness of the supply chain."
 
It was not clear exactly how Trump could get U.S. companies to leave China.
 
U.S. Treasury Secretary Steven Mnuchin said Trump could order companies out of China under the International Emergency Economic Powers Act if he declared a national emergency.
 
The trade war has damaged global growth, upset allies, and raised market fears that the world economy will tip into a recession.
 
Global stock markets reeled on Monday after the latest measures, while China's yuan currency fell to a fresh 11-year low. Investors streamed into the safe harbours of sovereign bonds and gold.
 
Chinese state media on Monday blasted the United States.
 
The official China Daily said in an editorial that Washington would "never be allowed to control China's fate".
 
"It has become unquestionably clear that his administration's tariff war against China is politically motivated. What Washington wants from its largest trade partner is for it to be content to play second fiddle and meekly do as it demands," the English-language paper wrote in an editorial.
 
"Washington has again taken the initiative to escalate the fight in the hope that Beijing will throw in the sponge as early as possible. But Beijing regards the trade war as an unavoidable trial by fire, from which the country will emerge stronger."
 
The Global Times, a widely-read tabloid published by the ruling Communist Party's official People's Daily, said leaving the Chinese market would be "suicide" for U.S. companies, especially for auto firms.
 
"U.S. companies are welcome to invest and operate in the Chinese market, but if some U.S. companies want to obey Trump's order and join Washington's trade war, the result is bleak. A decision to give up the Chinese market is just suicide," the paper said in its editorial.
 
 
 - Reuters
 
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qqq3 LynasToxin > Aug 27, 2019 2:49 PM | Report Abuse

China denied that they had called trump to negotiate. Trump was lying.
============

sure la...Wall Street commentators will grab any thing to get people to buy shares...............
27/08/2019 3:04 PM
qqq3 its the same pattern over and over again...two years already......
27/08/2019 3:05 PM
enning22 LynasToxin you are wrong ,latest news confirmed China deputy premier Liu Hek刘鹤 make the call twice.That's why all your info are wrong.
27/08/2019 3:13 PM
enning22 Trump was not lying,but you, or the 五毛foreign ministry.
27/08/2019 3:15 PM
qqq3 enning22 > Aug 27, 2019 3:13 PM | Report Abuse

LynasToxin you are wrong ,latest news confirmed China deputy premier Liu Hek刘鹤 make the call twice.That's why all your info are wrong.

===========

news came from your social media group...............lol.....
27/08/2019 3:15 PM
enning22 you can shut your eyes and see nothing, then satisfied yourself and said nothing had happened.
27/08/2019 3:24 PM
enning22 https://www.youtube.com/watch?v=6MPnyJJBFNo
27/08/2019 3:26 PM
Junichiro Beijing has cast doubt on whether trade talks are set to resume, with its foreign ministry contradicting US President Donald Trump’s claim that China had sought a return to the negotiating table and state media saying the countries were in touch only at a “technical level”. (SCMP)
27/08/2019 3:43 PM
enning22 in touch only at a “technical level”?what so technical?? playing with words ,just to hide something? they fools no one, only the naivete
27/08/2019 3:49 PM
Icon8888 Falun Gong is an evil cult
27/08/2019 3:52 PM
enning22 Falun gong is like taiqi- quan,an exercise good for old people ,when the communist need enemy ,the made every body anywhere their enemy, latest victims are the freedom loving hongkong people.
27/08/2019 3:56 PM
Icon8888 enning22 confess Follower of Falun Gong
27/08/2019 3:58 PM
qqq3 wow..2019 still got falungung member...scary.......
27/08/2019 4:01 PM
Icon8888 I can smell a Falun Gong from 20km away

The way they talk betray their identity
27/08/2019 4:01 PM
Junichiro why do freedom loving ppl block foreigners from boarding planes at the airport ? At least, these foreigners will spread the news of what happened to them when they finally reach their home.
27/08/2019 4:02 PM
Icon8888 Good question Junichiro

But Falun Gong doesn't care

As Long as china they will smear and badmouth
27/08/2019 4:03 PM
Icon8888 That is why I can smell them from 20km away
27/08/2019 4:04 PM
qqq3 Washington wants a falungung, and 2019 still got falungung.....scary.............
27/08/2019 4:06 PM
qqq3 enning...wake up...China and the CCP is a force for good for China and the world............

very impressive...80% of the motobikes in China are e bikes.......impressive or not? Its called China speed..........
27/08/2019 4:14 PM
enning22 the idea of finding or making and irrelevent issue,some chinamen can hide their naivete,ignorant faces in some coconut shell .
without making these kind of ploy, someone may go insane.
27/08/2019 4:15 PM
qqq3 at this rate....all the China cities will be the world greenest cities very shortly.............
27/08/2019 4:15 PM
enning22 don't be silly ,"ghost cities" is also a big problem.I seriously doubt you know about ghost cities in China
27/08/2019 5:09 PM
Icon8888 Only Falun Gong knows
27/08/2019 5:13 PM
qqq3 China is one sixth of humanity.....The way to understand China is to see its direction not through its ghost cities......................

China nothing happens by chance, Every thing is a result of good competent government.
27/08/2019 7:30 PM
Icon8888 Like qqq3 said, be happy and positive

Focus on the booming cities, not a few ghost cities
27/08/2019 8:42 PM
Icon8888 https://www.cnbc.com/2019/08/27/xinhua-china-insists-it-is-unaware-of-calls-to-trump.html
27/08/2019 10:17 PM
qqq3 falungung ennings want to move HK?

very liberal, school textbooks very critical of China

https://www.youtube.com/watch?v=BKg5CSloMT8


20 years after 1997.....why is it like that?


for the rest of us....where u rather be? HK or China mainland?
28/08/2019 10:37 AM
qqq3 it shows China is a very huge country. They have left HK alone .....and see what happens ?
28/08/2019 11:10 AM
qqq3 Icon8888 > Aug 27, 2019 8:42 PM | Report Abuse

Like qqq3 said, be happy and positive
=======

yes, Ah Weng lost horse also can be blessing in disguise.

China media doing a wonderful job.
28/08/2019 11:17 AM
qqq3 https://www.youtube.com/watch?v=Pceh-mYGuds

What do German computer scientists think of China's growth?
28/08/2019 11:23 AM
Junichiro No Hong Kong housing crisis if ex-leader Tung Chee-hwa had stuck to goal of 85,000 flats a year.
“However under the pressure of public opinion, especially the opposition bloc in the Legislative Council, we couldn’t continue our push,”


The Pan-Democrats responsible for the housing crisis. They fear the value of their apartments will come down.
28/08/2019 11:33 AM
qqq3 y Junichiro > Aug 28, 2019 11:33 AM | Report Abuse

The Pan-Democrats responsible for the housing crisis
=========

again, it is politics that is cause of evil........China no such problem.
28/08/2019 11:43 AM
qqq3 I finally figured out why HK youths so violently anti China.....It starts from the schools. Liberal studies is a compulsory subject in HK. Liberal studies textbook very anti China. Liberal studies is the poison.

Several years ago, they wanted to introduce patriotic studies and was soon dropped after violent protests.

HK pride is in their being not China.

Too bad those in charge of education did not update their perceptions. When One country two systems was invented, Shenzhen was a fishing village, today Shenzhen GDP larger than HK.

Liberal studies just like falungung and those Tiannanmeng anniversaries have poisoned those HK youths....including their teachers and professors.....It is only the business communities who are in touch with reality.
28/08/2019 12:11 PM
Icon8888 it is a subject that HK Ministry of Education gives schools flexibility to design their own textbooks

so the schools come up with all kind of nonsense, badmouthing China and sowing hatred among the youth
28/08/2019 12:15 PM
Icon8888 another reason of the current riot is because almost all HK judges are whites

legacy of British colonialism

judges don't change just because of change of government. They are changed when they retire or die (just like US)

so you have all these kwailo senior judges up there protecting the rioters

they sentence rioters to few days jail but sentenced police that uses force to several years

that is why the police also cannot effectively control the situation
28/08/2019 12:19 PM
Icon8888 another factor is the Vietnamese population there

during Vietnam war, the british let a lot of Vietnamese to migrate to HK

now their descendants are strongly anti china

now they are on the streets

(according to a video on youtube)
28/08/2019 12:20 PM
kclox Boring
28/08/2019 12:21 PM
qqq3 icon...the 2 of us get to the root cause, but will never seen it in CNN or any world news net works..........
28/08/2019 12:39 PM
qqq3 Icon8888 > Aug 28, 2019 12:19 PM | Report Abuse

they sentence rioters to few days jail but sentenced police that uses force to several years
=============

that is another root cause.
28/08/2019 12:40 PM
Iquack if u like communist...go and stay in China larr..dun spoil Malaysia
28/08/2019 12:52 PM
qqq3 by Iquack > Aug 28, 2019 12:52 PM | Report Abuse

if u like communist...go and stay in China larr..dun spoil Malaysia
======

its China....They call it the People's Republic of China.
28/08/2019 1:05 PM
Ismailmat Berambu kau komunis. Ini negara Islam. Kalau suka sangat komunis, jangan tinggal kat Malayland!
28/08/2019 1:43 PM
qqq3 China is not about communists, China is about developments............
28/08/2019 2:55 PM
qqq3 in fact China's foreign policy is about...They don't care......
28/08/2019 2:56 PM
qqq3 the world is in desperate need for reforms and the reform champion is China.
28/08/2019 4:03 PM
qqq3 what every protestor got wrong...............they think One country two systems is given to them by Britain. .....The reality it is a China invention
28/08/2019 4:26 PM
Lokmanis Saya telah membuat aduan PDRM terhadap Icon888. Dia ni komunis. Harus dipenjara.

osted by Icon8888 > Aug 28, 2019 12:20 PM | Report Abuse

another factor is the Vietnamese population there

during Vietnam war, the british let a lot of Vietnamese to migrate to HK

now their descendants are strongly anti china
28/08/2019 4:40 PM
qqq3 war with the communists ended in 1979
28/08/2019 7:03 PM
nash2233 China practices state capitalism; the government owns many large firms and decides which industries will receive subsidies, protected markets and favorable loans.

https://www.japantimes.co.jp/opinion/2019/01/14/commentary/world-commentary/china-clings-state-capitalism/

SORRY FOR THOSE DUMB PEOPLE.
29/08/2019 5:18 PM
nash2233 Posted by Junichiro > Aug 28, 2019 11:33 AM | Report Abuse

No Hong Kong housing crisis if ex-leader Tung Chee-hwa had stuck to goal of 85,000 flats a year.
“However under the pressure of public opinion, especially the opposition bloc in the Legislative Council, we couldn’t continue our push,”


The Pan-Democrats responsible for the housing crisis. They fear the value of their apartments will come down.

THOSE PAN-DEMOCRATS HAD BEEN BOUGHT BY THE WEALTHY DEVELOPERS.
29/08/2019 5:34 PM


 

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