Chinese Official To U.S.: 'Act Rationally' On Trade Of Steel, Technology

[DonViejo]

Source: Talking Points Memo/AP




By GILLIAN WONG | March 20, 2018 7:04 am

BEIJING (AP) — Chinese Premier Li Keqiang appealed to Washington on Tuesday to “act rationally” and avoid disrupting trade over steel, technology and other disputes, promising that Beijing will “open even wider” to imports and investment.

“No one will emerge a winner from a trade war,” said Li, the No. 2 Chinese leader, at a news conference held during the meeting of China’s ceremonial legislature.

Li made no mention of a possible Chinese response in the event U.S. President Donald Trump raises import barriers over trade complaints against Beijing, but other officials say President Xi Jinping’s government is ready to act.

Trump’s government has raised import duties on Chinese-made washing machines and other goods and is investigating whether Beijing pressures foreign companies to hand over technology, which might lead to trade penalties. That could invite Chinese retaliation.

Read more: https://talkingpointsmemo.com/news/chinese-official-act-rationally-trade

[groundloop]

1. Act Rationally...... HAH - 45* doesn't know how to act rationally

[Nitram]

2. The Chinese are speaking to Congress and the American people as much as to Trump.

[Scalded Nun]

3. Act Rationally?

You are talking to the wrong person, and you should know that by now.