Chinese FM says no winners in arbitrary tariffs

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Chinese FM says no winners in arbitrary tariffs

Reuters

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Chinese foreign minister Wang Yi said on Friday that China will "play along to the end" if the United States is bent on suppressing the country.

Wang, speaking at the Munich Security Conference, said China would respond resolutely to unilateral "bullying" practices but hopes the U.S. can work together with it in the same direction.

Asking about China's stance on the Ukraine conflict, Wang said China believes all parties and stakeholders should participate in peace talks on the Russia-Ukraine conflict, and that, Europe, should also play an important role in the process to help address the root cause of the crisis.

Wang strengthened in his speech that China sees Europe as an important pole in a multi-polar world and regards the two sides as partners, not rivals.

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"Protectionism offers no way out and arbitrary tariffs produce no winners."

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