BEIJING -- As Donald Trump prepares to take office as the 45th president of the United States Friday, Beijing will be watching closely amid fears a trade war could break out between the world's top two economies. Why is Trump so Fixated on US-China Trade? The brash billionaire politician has long slammed U.S. trade with China as lopsided and accused the country of manipulating its currency to gain an unfair advantage over U.S. manufacturers. Trump claims he can bring some of those jobs back through tougher negotiations with Beijing, but China's ministry of commerce warned Thursday that launching a trade war "will only make both countries suffer." But the message from China's president Xi Jinping at Davos this week that "no one" will win in a trade war suggests an openness to compromise.

Source: The China Post January 20, 2017 18:26 UTC