AsianTrumpSupporter
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- Feb 26, 2017
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China-U.S. trade war would only cause pain: commerce minister
BEIJING (Reuters) - A trade war between China and the United States would only cause pain, China's commerce minister said on Saturday, as analysts say the spectre of deteriorating U.S.-China ties is likely to weigh on confidence of exporters and investors worldwide.
"A trade war would not benefit either country or either country's people, you could say it would have no advantage whatsoever," Chinese Commerce Minister Zhong Shan told reporters on the sidelines of the annual parliament session in Beijing.
"Many American and western friends think that China can't live without the United States but that's only half true."
"At the same time, the United States can't live without China," Zhong said, adding that in the past ten years, the growth of U.S. exports to China has outpaced the growth of Chinese exports to the United States....
No pain, no gain. #MAGA
BEIJING (Reuters) - A trade war between China and the United States would only cause pain, China's commerce minister said on Saturday, as analysts say the spectre of deteriorating U.S.-China ties is likely to weigh on confidence of exporters and investors worldwide.
"A trade war would not benefit either country or either country's people, you could say it would have no advantage whatsoever," Chinese Commerce Minister Zhong Shan told reporters on the sidelines of the annual parliament session in Beijing.
"Many American and western friends think that China can't live without the United States but that's only half true."
"At the same time, the United States can't live without China," Zhong said, adding that in the past ten years, the growth of U.S. exports to China has outpaced the growth of Chinese exports to the United States....
No pain, no gain. #MAGA
