China seriously preparing for scenario in which China-US trade relations deteriorate further – Global Times
|In response to the comments by the US President Trump to the Washington Post (WaPo) reporter at the G7 Summit on Sunday, Hu Xijin, editor-in-chief of Chinese and English editions of the Global Times, tweeted: “Regret? This should be seen as Pres Trump changed his tone after ordering US companies to leave China.Regardless of his specific expression each time, we're seriously making preparations for scenario in which China-US trade relations deteriorate further, even much worse than now.”
On late Saturday, Hu tweeted out that “China has 'lost' the US already: all-round high tariffs, Huawei ban, political hostility, Hong Kong, Taiwan... We're facing a completely different United States. We have nothing more to lose, while the US is just starting to lose China.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.