MOC: China will fight to end if US keeps escalating trade frictions

CNC
Added On June 15, 2019

China's Ministry of Commerce says that China will fight to the end if the U.S. continues to escalate trade frictions. 
 
During a press conference on Thursday, a MOC spokesperson said?China is firmly against U.S. unilateralism and bullying.
 
SOUNDBITE (Chinese): GAO FENG, MOC spokesperson
"China's stance on trade war has been consistent and clear. We do not want, but are not afraid of a trade war. China will fight to the end if the United States continues to escalate trade frictions."
According to the spokesperson, China will not give ground on issues of principle, which are clearly stated in a white paper on bilateral trade consultations issued earlier this month. 
He said the U.S. has taken a practice of maximum pressure and continuously escalated trade frictions, causing serious setbacks in the China-U.S. trade talks.
He said the United States must change its attitude, show sincerity and correct its wrong practices if it wants the talks to continue.
 
When asked to comment on the continuous decrease in China's imports from the United States,the spokesman said that the five-month decline of China's imports from the United States shows there is no winner in a trade war.
 
Official data showed that China's imports from the U.S. dropped by 29.6 percent year on year to around 49.6 billion U.S. dollars in the first five months.
The data also show that China's rare earth exports fell 16 percent month on month in May.
 
The spokesperson said that fluctuations in rare earth exports were a result of market changes, and China has not adopted new control measures for rare earth trade.