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China Doesn’t Want a Trade War with the US but will Retaliate Against Further Curbs, Ambassador Says

China does not want a trade war with the United States but will retaliate against any further U.S. restrictions on technology and trade, the Chinese ambassador to the U.S. said.

Ambassador Xie Feng criticized U.S. curbs on the sale of microchips and chipmaking equipment to China that were imposed last year by the Biden administration. Beijing has described the measure as part of an effort to “contain” China.

“China does not shy away from competition, but the definition of competition by the U.S. side I think is not fair,” Xie said Wednesday at the Aspen Security Forum, a security and foreign policy conference in Aspen, Colorado. “The United States is trying to win by keeping China out,” he said, referring to measures to curb U.S. technology sales to Chinese telecommunications giant Huawei over security concerns.

Source : apnews