China’s Vice-FinMin Zhu: Trade war is a lose-lose for both China and US

Following the statement released by China’s Finance Ministry, the country’s Vice-Finance Minister Zhu Guangyao is reportedly saying that China doesn’t want a trade war with the US.

Additional Comments:

Trade war is a lose-lose for both China and the US.

Challenges facing China and US trade are huge.

Frictions are hard to avoid.

Hopes that trade relations go back to a healthy track.

China has always called for dialogue/negotiations to solve disputes.

Wants to solve trade issues in constructive ways.

The US should not be self-willed.

China is a responsible investor of international financial markets.

China respects rules of international capital markets.