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Xi Jinping in China says no winner in Trump's pricing war

Xi Jinping in China says no winner in Trump's pricing war

 


Chinese President Xi Jinping said on Monday that there were no winners in a pricing war, while presenting his country as a more responsible option than the United States to Southeast Asia allies, Associated Press reported.

Chinese president XI Jin Ping met the Prime Minister of Vietnam during his tour in Southeast Asia. (AP)
Chinese president XI Jin Ping met the Prime Minister of Vietnam during his tour in Southeast Asia. (AP)

Read also: Beijing moves to appease India more than $ 100 billion with trade deficit

Beginning his diplomatic tour in Vietnam, Xi Jinping said in an editorial, there are no winners in a trade war or a pricing war. Our two countries should resolutely protect the multilateral trading system, industrial and stable supply chains and an open and cooperative international environment.

His visit to Vietnam, Cambodia and Malaysia, in the light of the prices imposed by US President Donald Trump, is an attempt to present China as the responsible option compared to the United States for the Allies, according to Nguyen Khac Giang, invited scholarship holder to Singapores Iseasyusof Ishak Institute.

Read also: China urges us to completely cancel the reciprocal prices of Donald Trump

The trip to Vietnam, Malaysia and Cambodia is all about the way China can really isolate itself against the De Trump, said Nguyen Khac Giang, quoted by Associated Press.

China combines an alliance with Vietnam

In Hanoi, the chief of China, Xi Jinping, met the secretary general of the Communist Party of Vietnam in Lam, and declared, in the face of the agitation and the disturbances in the current global context, China and the commitment of Vietnam to a peaceful development and the deepening of friendship and cooperation and brought the precious world stability and certainty. “”

Also read: “China has ceased to be a low-cost country of labor”: Tim Cook explains in a removated video in the middle of the US-Chinese commercial struggle

China and Vietnam are likely to accelerate a rail project of $ 8 billion connecting the two countries, according to Nhan Dan, the mouth of the Communist Party in the country.

China is Vietnam's largest trading partner and China-Vietnam trade jumped 14.6% in 2024, according to Chinese state media.

While the United States has also experienced civil diplomatic relations with Vietnam, the country was struck by 46% prices when Donald Trump announced a 90-day break. China has also brought the weight of American prices, after being taken with 145% of total tasks.

Sources

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2/ https://www.hindustantimes.com/world-news/us-news/chinas-xi-jinping-says-no-winners-in-donald-trumps-tariff-war-during-southeast-asia-visit-101744631631984.html

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