China said it will continue to work with the United States based on mutual respect, peaceful coexistence and win-win cooperation shortly after Donald Trump’s victory in the U.S. presidential election.
A foreign ministry spokesperson, Mao Ning told a regular press conference in Beijing, when asked how Trump returning to the Oval Office would affect U.S.-China relations.
Chinese strategists expect more fiery rhetoric and potentially crippling tariffs from Trump, who has proposed tariffs on Chinese imports over 60 per cent and ending China’s most-favoured-nation trading status.
“Our policy towards the U.S. is consistent. We will continue to view and handle China-U.S. relations following the principles of mutual respect, peaceful coexistence and win-win cooperation,” she added.
China sells goods worth more than $400 billion annually to the U.S. and hundreds of billions more in components for products Americans buy from elsewhere.
Analysts say the prospect of a trade war has rattled China’s leadership, who have leant heavily on exports to drive growth as consumers hold off spending in the ailing 19 trillion dollar economy. (www.nannews.ng ) (Reuters/NAN)
