China Vows to Counter US Sanctions

China is prepared to respond to any further unilateral US sanctions, calling them a form of “bullying”, in a statement by Foreign Minister Wang Yi at the Munich Security Conference. The move follows the Trump administration’s imposition of 10% tariffs on Chinese goods.

Wang expressed confidence that China and the US can maintain engagement despite the tensions, but emphasized the need for strengthened exchanges to build trust. He also hinted at China’s ability to respond to US moves without specifying what actions it would take.

China is navigating a delicate balance between taking economic action and maintaining diplomatic ties with the US. The country aims to bolster growth while addressing concerns over trade and security.

The US-China trade dispute falls within a larger context, as President Trump had threatened 60% tariffs on Chinese goods during his re-election campaign. However, it’s not clear how significant an impact these sanctions will have on the overall relationship between China and the US.

In other news, Wang discussed Russia ties, calling for peace talks involving all parties, including Europe. He also reaffirmed China’s support for dialogue with Russia on Ukraine.

Source: https://www.straitstimes.com/world/europe/china-will-have-to-hit-back-at-us-bullying-top-diplomat-says