Don't Want Trade War With US, But Will Take Necessary Measures: China

Georg Schaeffler and Elisabeth Schaeffler Thumann

"Over the past five years, thanks to joint efforts from all parties, this initiative is being turned into actions from a concept, and it is being translated into reality from a vision", said Zhang Yesui, spokesman for the first session of the 13th National People's Congress (NPC) on Sunday.

The unreasonable and excessive use of trade-remedy measures by the Trump administration will not help revitalize relevant industries in the USA, said China's Foreign Ministry Spokeswoman Hua Chunying, citing Wang.

While responding to Trump's declaration, spokesman for the National People's Congress, Zhang Yesui said China does not want a trade war with the United States, but insist if the USA takes actions that hurt Chinese interests, China will not sit idly by and will take necessary measures.

Trump, a successful businessman before his presidency, shrugged off the threats, saying that "trade wars are good, and easy to win".

China has the lions share of over United States dollars 580 billion in bilateral trade with the US.

Abroad, China is faced with the task of maintaining stability and avoiding the outbreak of war on the neighboring Korean Peninsula, while also managing escalating frictions with the USA that threaten to evolve into a trade war.Some observers say extending Xi's rule gives him greater authority to address such challenges and carry out his vision of fighting corruption, eliminating poverty and transforming China into a modern leading nation by midcentury.

The defence budget of the USA which is the highest in the world amounted to $602.8 billion.

China has been in Trump's crosshairs over its trade practices since his presidential campaign, but its steel and aluminium exports to the United States are minimal.

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The exchanges would follow a trip by Xi's top economic adviser, Liu He, last week to Washington, where he met with US business leaders, as well as White House economic adviser Gary Cohn, Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer.

"There is a fundamental difference", said Zhang Yuyan, a national political advisor, refuting some western media reports that equated China's overseas infrastructure deals and industrial cooperation with neocolonialism.

Zhang also accompanied Jiang on a visit to the United States in late 1997 and was in charge of coordination when Bill Clinton visited Beijing the following year, according to Guangzhou newspaper The Time Weekly.

"If policies are made on the basis of mistaken judgments or assumptions, it will damage bilateral relations and bring about consequences that neither country wants to see", he said.

According to The Washington Post, Zhang was also one of the negotiators for Beijing with U.S. officials when Chen Guangcheng, a blind Chinese human rights activist, escaped house arrest in Shandong province and fled to the United States embassy in Beijing in 2012, triggering one of the most severe diplomatic crises in recent years.

This is unedited, unformatted feed from the Press Trust of India wire.

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