China accuses U.S. of 'trade bullyism' amid escalating dispute: Xinhua

Image
Reuters BEIJING
Last Updated : Sep 24 2018 | 10:55 AM IST

BEIJING (Reuters) - China accused the United States of engaging in "trade bullyism" and intimidating other countries to submit to its will through measures such as tariffs, the official Xinhua news agency said on Monday, hours after the two sides imposed fresh duties on each other's goods.

Xinhua, citing a white paper on the bilateral trade dispute published by China's State Council, said China has sought to resolve the issue for the sake of the two parties' common interest but that the new U.S. administration "has been contradicting itself and constantly challenging China," leading to a rapid escalation of the dispute.

(Reporting by Se Young Lee, Min Zhang and Yilei Sun; Editing by Kim Coghill)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 24 2018 | 10:50 AM IST

Next Story