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Home / Business / China US trade tensions

White paper: US backtracks on its pledges

By Jing Shuiyu | China Daily | Updated: 2019-06-03 06:00
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The State Council Information Office holds a news conference on Sunday in Beijing releasing a white paper on the China-US economic and trade talks and China's position. [Photo by Zhu Linxin/China Daily]

The following are the highlights of the white paper:

China does not want but is not afraid of a trade war

US-imposed tariff measures harm others and are of no benefit to itself

US-provoked trade friction perils entire world

US accusation of China IP theft, forced technology transfer unfounded

China-US trade, investment are mutually beneficial

US backtracks on commitments in China-US trade consultations

China committed to credible consultations based on equality, mutual benefit

China will not give ground on issues of principle

No challenge will hold back China's development

Cooperation is only correct choice for China and US

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