Price, the trade war cannot retain the development of China, explains the Chinese envoy Magic Post

Price, the trade war cannot retain the development of China, explains the Chinese envoy

 Magic Post

WASHINGTON: The Chinese ambassador to the United States, 11th Feng, stressed that a price or a trade war cannot solve problems, he can further retain the development of China.

Speaking during the 20th anniversary gala of China General Chamber of Commerce-USA (CGCC) in New York, Xie said: “Price threats would never work on the Chinese people. Instead, they would only undermine the basics of China-US, orders and economic cooperation and increase costs for American households and businesses. »»

The ambassador has reiterated that China is the first country in the world to officially plan fentanyl substances as a whole category and to apply the tightest controls, having established schedules for the greatest number of relevant substances.

“The results of cooperation in China-US-USTERCOTICS are there so that everyone can see it,” he added, warning that the imposition of additional tariffs on China under the pretext of the fetanyl issue would only be counterproductive.

Xie highlighted the importance of a stable Chinese-American relationship, healthy and sustainable for economic cooperation to prosper and called on commercial communities to remain committed, to seize opportunities and to support bilateral links.

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