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China Press: China will not 'surrender' to US demands in trade talks

FXstreet.com Friday, 14 September 2018
China’s state-run newspaper, China Daily, cited in an editorial on Friday, China will not give into the US demands in any trade negotiations.

*Key Quotes (via Reuters)*:

While China was “serious” about resolving the stand-off through talks, it would not be rolled over, despite concerns over a slowing economy and a falling stock market at home.

“The Trump administration should not be mistaken that China will surrender to the U.S. demands. It has enough fuel to drive its economy even if a trade war is prolonged.” 

On Thursday, Chinese officials welcomed an invitation from Washington for a new round of trade talks scheduled next week.

However, the US President Trump tweeted later on that “ee are under no pressure to make a deal with China, they are under pressure to make a deal with us. Our markets are surging, theirs are collapsing.”
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China said on Thursday it welcomed an invitation by the United States to hold a new round of talks, as Washington prepares to escalate the U.S.-China trade war with tariffs on $200 billion worth of Chinese goods. As Sonia Legg report, markets also welcomed the news.

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