VOA: China Lashes Out as Retaliatory Moves Fail to Stop Trump Trade Actions
BEIJING — Chinese state media are reacting to U.S. President Donald Trump’s trade actions against China in diverse ways. While denouncing the U.S. leader’s actions, Beijing is also using its media to calm markets and express concern about the impact on the Chinese economy.
An editorial in the Communist Party's People's Daily said that by raising tariffs and then offering negotiations, the Trump administration is trying to use "carrot-and-stick diplomacy to bully China into unilateral trade concessions." The paper went on to say "China will eventually defeat the trade blackmail of the U.S. and it is impossible to force China into surrender to the U.S. coercion."
However, a Chinese senior official attached to the country’s Supreme Court recently expressed worry that the trade friction with the U.S. would result in bankruptcies for state-owned companies.
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WNU Editor: The media and trade experts in the U.S. are saying that the U.S. will lose this trade war. In Asia they are singing a different tune .... China will struggle to win the trade war with the US (Asia Times).
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