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sperson Ge

query about China's count

he interests of both countries, threatened the security of the global value and supply chains and impeded wo

rld trade and economic growth, Geng said."It is an act solely intended to injure others, but it will only end up ruining themselves, and it is not constructive at all," he said.When responding to a question about President Trump's tweets asking U.S. companies to "find alternatives to China," Geng said they run counter to the market economy and free competition rules, as well as the trend of economic globalization."It will surely be questioned a

nd opposed by all stakeholders, including U.S. companies," he said.Describing the two countries' econo

mies as inextricably interwoven and mutually bene■ficial, Geng said that cutting their ties is definitely not a wise solution to easing the two countries' trade frictions, nor a way to resolving the United States' own problems.He called on the United States to heed opinions from different fields, ser

ll definit

ard its own legiti

iously consider the pros and cons and not

to act on impulse.Please scan the QR Code to follow us on InstagramPlease scan the QR Code to follow us on WechatComme

ntary: U.S. is paying price for launch

ing trade war with ChinaCommentary: U.S. is paying price for launching trade war with ChinaCommentar

y: U.S. is paying price for launching tr

ade war with China08-25-2019 09:44 BJTBEIJING, Aug. 24 -- The United States is paying the price for launching a trade

war, as China is forced to announce the

levy of new additional tariffs on U.S. goods.China has announced that it will slap additional tariffs on U.S. imports

worth about 75 billion U.S. dollars, coverin

g 5,078 U.S. products with additional tariffs of 10 or 5 percent, in two batches starting on Sept. 1 and D

ec. 15, respectively.The new tariffs wil

l cover vehicles, auto parts and farm produce such as soybean and corn. U.S. farmers and manufacturers will soon

posed to a

feel the brunt.Through more than a year

of trade friction between the two countries, China never falt

○d maximu

ered. When the U.S. side tried to intens

ify trade bullying and exert maximum pressure on China, it onl

m pressure

y strengthened China's resolve, making C

hina stand more firmly against the U.S. bullying, and defend i

by the Un

ts legitimate rights and interests.China

has always believed that cooperation is the only means of res

ited State

olving trade issues w■ith the U.S. side

, but such cooperation comes with preconditions. China strongl

s, noting

y opposes U.S. trade hegemony and will n

ever compromise on its fundamental principles. The further som

that "I he

reby warn

e people in the United States go on their dangerous road of hegemony and bullying, the stronger the pushback they will encounter.In terms of counter measure, China means busine

ss.There is no winner in a trade war. Companies from both sides have paid prices. Farmers in some parts of the United States have suffered "devastating impacts" from the trade war with China, according to U.S. media reports.Tariff escalation has put a significant strain on the U.S. economy, raising costs, undermining investment and sending stocks plunging. The U.S. economy will not be stronger without China.Any discussion of severing ties between U.S. and Chinese co

mpanies is ridiculous at best. Companies from both countries have been ambassadors for positive changes to the two economies. Despite

the current impasse, constructive engagement is still the right way forward.Some people in the United States had imagined their trade war would be "easy to win." They have been proved wrong. The only way to end the trade war is for the United states to implement the consensus reached by the two heads of state, meet China halfway, and find a solution through consultations on the basis of equality and mutual respect.Please○ scan the QR Code

to follow us on InstagramPlease scan the QR Code to follow us on WechatChina firmly opposes U.S. tariff hikes on Chine

se importsChina firmly opposes U.S. tariff hikes on Chinese importsChina firmly opposes U.S. tariff hikes on Chinese imports08-25-2019 09:39 BJTBEIJING, Aug. 24 -- China is firmly opposed to the U.S. announcement that it will further raise the tariffs on about 550 billion U.S. dollars of Chinese imports, said a spokesperson of the Ministry of Commerce (MOC) Saturday."Such unilateral and bullying acts of trade protectionism and extreme pressure run counter to the consensus of the heads of state of China and the United

does not a

nited States' moves

States, and run counter to the principles of mutual respect, equality and mutual benefit," the spokesperson said.The U.S. announcement Saturday will seriously damage the multilateral trading system and the nor

mal order of international trade, the spokesperson said, warning the U.S. side is bound to bear the consequences of its own actions."China strongly urges the United States not to mis

ensus reached

judge the situation, or underestimate the determination of the Chi

nese people. It must immediately stop its erroneous practices, or bear all the consequences," the spokesperson said. Please scan the QR Code to follow us on InstagramPlease scan the QR Code to follow us on WechatChina shows rationality and restraint in tariff countermeasuresChina shows rationality and restraint in tariff countermeasuresChina shows rationality and restraint in tariff counterme