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Home / Business / US-China Trade War: State Media Defends Beijing

US-China Trade War: State Media Defends Beijing



The U.S. flag flies at a welcome ceremony between China's President Xi Jinping and US President Donald Trump in 2017.

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China's state media set up a brave front after the country's trade war with the United States escalated sharply over the weekend.

The final round of the dispute started on Friday night in Beijing when China's finance ministry announced it would apply new tariffs of between 5% and 1

0% on US goods for $ 75 billion.

In retaliation, US President Donald Trump also said his administration would raise US $ 550 billion in Chinese import duties.

State News Agency Xinhua said in a comment on Saturday: "The United States is paying the price for launching a trade war, as China is forced to announce the levy of new customs duties on US goods."

"Through more than a year of trade friction between the two countries, China never faltered," the state news organization said.

"When the US side tried to intensify bullying and exert maximum pressure on China, it only strengthened China's determination, which made China more firm against US bullying and defending its legitimate rights and interests," Xinhua added.

On Trump ordered US companies to leave

In a tweet Friday, Trump ordered "companies" to look for an alternative to China, urging US companies to begin "bringing the companies home and making your products in the United States. "

Xinhua said any discussion about severing ties between American and Chinese companies was "ridiculous at best."

"Companies from both countries have been ambassadors for positive change in the two economies," Xinhua reported.

China Daily, another state-owned newspaper, said Sunday that "China has never been a yes-man to any country, and it will not be one now."

"It has undoubtedly become clear that (Trump's) administration's tariff war against China is politically motivated," the English-language paper added. "What Washington wants from its biggest trading partner is that it should be content to play another fiddle and meekly do as it requires."

"But Beijing views the trade war as an inevitable lawsuit from the country, which the country will come out of stronger," added China Daily, a regular spokeswoman for the Chinese government.

Call for dialogue

Beijing still advocates resolving trade conflict through dialogue.

According to Trump, China had contacted US trade officials overnight to say they wanted to return to the negotiating table.

Top China's trade negotiator Liu Han also allegedly said at a technical conference in Chongqing City that Beijing is willing to resolve its trade dispute with the United States through quiet negotiations and resolutely oppose the escalation of the conflict, Reuters quoted the Chongqing Morning Post.

Separately, the nationalist Global Times said in a statement Sunday that China is "inappropriate by swaying US politics" which has been contradictory.

"Thanks to reckless U.S. moves, the trade war has continuously escalated between the two sides," the Global Times said.

China has already "made full psychological preparations for further aggravation of the trade war and has made various material preparations to cope with the situation," it added.

– CNBC's Evelyn Cheng contributed to this report.


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