China accuses US of 'naked economic terrorism' | Bangkok Post: business - News Summed Up

China accuses US of 'naked economic terrorism' | Bangkok Post: business


The world's top two economies are at loggerheads as trade talks have apparently stalledBEIJING: China accused the United States of "naked economic terrorism" on Thursday as Beijing ramps up the rhetoric in their trade war. "This premeditated instigation of a trade conflict is naked economic terrorism, economic chauvinism, and economic bullying," Mr Zhang said, stressing that China opposes the systematic use of sanctions, tariffs and protectionism. "There is no winner in a trade war," he warned. China and Russia have broad consensus and common interests on the trade war issue, Mr Zhang said. "China and Russia will certainly strengthen economic and trade cooperation, including cooperation in various fields such as economic and trade investment," he added.


Source: Bangkok Post May 30, 2019 05:48 UTC



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