China has also reaffirmed its commitment to stabilizing its economy and foreign trade amid growing challenges. The Commerce Ministry highlighted the country's trade resilience – pointing to its vast domestic market and steady policy support. Li Shuang reports from Beijing.
A fresh round of tariffs has reignited tensions between the world's two largest economies. China has responded – raising its own tariffs on all U.S. goods to 84 percent and imposing new restrictions on 18 American companies.
HE YONGQIAN Spokesperson, Chinese Commerce Ministry "Talks? The door is wide open – but dialogue must be based on mutual respect and conducted on equal footing. Fight? China will see it through to the end. Pressure, threats, and blackmail are not the right way to deal with China."
China is committed to supporting enterprises facing export difficulties, with measures including improved market access, expanded distribution channels, and enhanced financial and fiscal support.
HE YONGQIAN Spokesperson, Chinese Commerce Ministry "We will help foreign trade enterprises facing export difficulties explore the domestic market. China's foreign trade sector has the confidence and resilience to cope with various risks and challenges."
Beijing is also turning to Brussels. In a call with the EU trade chief, China's Commerce Minister urged deeper cooperation and a united front to uphold global trade rules and stability – an encouraging sign, according to this trade expert.
JI WENHUA International Trade Law & WTO Rules Expert University of International Business and Economics, Beijing "Amid such drastic changes, preserving the existing international trade system cannot rely on China alone. China has already taken firm measures – not only to counter the U.S., but also to uphold the current global trade framework."
LI SHUANG Beijing "China is mobilizing across multiple fronts. While Beijing says it doesn't want a trade war, it's made clear: it won't back down from one. Li Shuang, CGTN, Beijing."