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China urges US to properly handle trade disputes for stable, sound ties

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China on Friday approached the United States to expand economic and trade participation while appropriately handling disputes with China based on mutual respect, equality and mutual benefit.

“Decoupling with China means decoupling with opportunities, the future and the world,” Foreign Ministry spokesperson Hua Chunying said when commenting on a U.S. Chamber of Commerce report, which said U.S.-China decoupling would result in losses for the United States worth hundreds of billions of dollars, crippling its major industries including aviation, semiconductors, chemicals and medical devices.

Hua additionally offered remarks on U.S. Treasury Secretary Janet Yellen’s comments that the United States will keep the tarrifs imposed on China by the previous administration set up for the time being.

There have been voices of opposition within the United States against the trade war waged on China by the previous administration, in the conviction such practices can’t take care of the nation’s own issues, but instead will boomerang on enterprises and consumers of its own, Hua said.

“As we have pointed out many times, the China-U.S. economic and trade relationship is mutually beneficial oriented for win-win results. There is no winner in a trade war, which has been proven by a host of facts and echoed once again in the above-mentioned report,” she said at a daily press briefing.

Hua urged the U.S. side to heed calls from the business communities and people of vision from both home and abroad, rectify its relevant wrongdoing, and work with China to enhance dialogue for the stable and sound development of economic and trade ties.

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