China says no one wins the Cold War, but the U.S. won't back down

China says no one wins the Cold War, but the U.S. won't back down

China's president, Xi Jinping, warned that countries embracing protectionism are “intended to fail”, responding to politics “America and former Serbian President Donald Trump's “. The Chinese leader spoke during the works of the Asia Economic Co-operation Summit (APEC), where the main topic that has dominated meetings has been the clash between the United States [...]

The Chinese leader spoke during the works of the Asia Economic Co-operation Summit (APEC), where the main topic that has dominated meetings has been the clash between the United States and China.

The US vice president, Mike Pence, later retorted, saying Washington had almost “double or more” tariffs to Chinese import products.

The world's two most powerful economies have been involved this year in a fierce trade struggle.

The White House says China's trade policies are the unfair “”.

Vice President Pence, who spoke at the forum shortly after President Xi, said the tariffs were a rebuttal against the “-balancialization” caused by China.

His comments come a day after President Donald Trump told reporters he is confident of reaching an agreement with China.

The two leaders are expected to meet next month during the G20 summit in Argentina.

 

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