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China not to accept another Plaza Accord, says ambassador

Aug 31 , 2018

Chinese Ambassador to the United States Cui Tiankai said here on Thursday that China would not accept a Plaza Accord imposed on it.

He made the remarks while addressing a working lunch of roundtable discussion that focused on the topic of "Next Steps" at the Center for Strategic and International Studies (CSIS), a Washington-based think tank.

"On what to do next, for China it is very clear," Cui said. "I wish to advise people to give up the illusion that another Plaza Accord could be imposed on China. They should give up the illusion that China will ever give in to intimidation, coercion or groundless accusation."

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