“If the US is not willing, if it is bent on suppressing and containing China, then we have no choice but to play along to the end,” Foreign Minister Wang Yi told officials at the Munich Security Conference on Feb 14. “We will resolutely respond to unilateral bullying practices of the US,” Bloomberg reported. The Trump administration imposed 10% tariffs on China days into his second term. Beijing retaliated by targeting a handful of American companies, slapping le.
Nonetheless, Wang endeavored to take a long-term view of relations with the United States, expressing optimism that Beijing and Washington will remain engaged for the foreseeable future. “We need to strengthen exchanges to boost understanding and build trust,” he told me. Chinese officials are striving to find a balance between taking actions that may harm the economy and proving that they can respond to US initiatives. At the same time, they’re looking to boost growth, since domestic demand remains sluggish and exports are under danger.