Washington: Chinese Ambassador to the United States Xi Feng has stressed that tax or trade war cannot solve problems, yet it cannot reduce China’s development.
Addressing the 20th anniversary of the 20th anniversary of the China General Chamber of Commerce-U.S. (CGCC) in New York City, Xi said, “Tariff threats will never work on the Chinese people. Instead, they will only damage the foundation of China-US countycotics and economic cooperation, and increase the costs of US households and businesses.
The ambassador reiterated that China is the first country in the world to officially schedule fantasy materials as a whole category and after setting the schedules for the largest number of relevant materials, strictly Implement the most control.
He added, “The results of China-US countycotics cooperation are there to see everyone,” he warned that it would be contradictory to impose additional taxes on China in the pretext of a fantasy issue.
Xi emphasized the importance of a stable, healthy and sustainable China -US relations to promote economic cooperation, and called on business communities to remain determined, take advantage of opportunities, and support bilateral relations.
