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China ‘won’t bow to US pressure and is ready to fight to the end’ if a trade war breaks out

May 03 , 2018

China has insisted that it will not succumb to US pressure to change its industrial policy nor offer major concessions on the bilateral trade deficit.

A Chinese government official close to the high-level trade talks with America said on Wednesday that Washington should not set any preconditions for negotiations, adding that China had sufficient strength to fight to the end if a trade war broke out.

“We will not offer concessions on anything we consider to be a core interest,” the official said.

US Treasury Secretary Steven Mnuchin is leading the delegation on the two-day visit that starts on Thursday and will meet Vice-Premier Liu He for talks.

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