CHINA-US: CHINESE REACTION TO US TRADE WAR

The CCP CC's ideological theoretical journal Qiushi on June 17, asserted that China would not give way on major principles in its negotiations with the US on ending the dispute. Hu Xijin, editor-in-chief of the state-run Global Times newspaper, tweeted that the editorial represented “a further mobilization of Chinese society” in the struggle against US trade pressure. Qiushi said: “China will not be afraid of any threats or pressure the United States is making that may escalate economic and trade frictions. China has no choice, nor escape route, and will just have to fight it out till the end.” The commentary added “No one, no force should underestimate and belittle the steel will of the Chinese people and its strength and tenacity to fight a war.” It also 

Accusing the US of trying to hamper Chinese technological innovation, it said “We must keep the initiative of innovation and development firmly in our hands, increase investment and research in key, core technology areas, pool together more high-value talents, enhance innovation and get rid of the core technology plight". It pointed out that US consumers and businesses had reaped huge benefits from trade with China and warned that trade frictions would inevitably have a serious negative impact on the US economy.






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