Business Standard

Friday, December 27, 2024 | 08:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Beijing ready for a long trade war, says Chinese Communist Party journal

The United States kicked off a tariff battle with China in 2018, seeking sweeping structural changes from Beijing and alleging that the Chinese have engaged in intellectual property theft over years

chinese economy, US China trade war, Chinese government
Premium

Illustration by Binay Sinha

Brenda Goh, Samuel Shen | Reuters Shanghai
The United States has underestimated the Chinese people’s will to fight a trade war and Beijing is prepared for a long economic battle, an influential Chinese Communist Party journal said on Sunday.

China would not give way on major principles in its negotiations with the United States on ending the dispute, the commentary in the ideological journal Qiushi, or Seeking Truth, said.

The editorial represented “a further mobilization of Chinese society” in the struggle against US trade pressure, wrote Hu Xijin, editor-in-chief of the state-run Global Times newspaper, in a tweet.

“China will not be afraid of any threats or pressure the United

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in