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    13Sep, 2018
    Trade war pushes China to go on charm offensive over free-trade credentials

    Increasingly convinced that the trade war with the United States is unlikely to end soon, Beijing is stepping up its charm offensive to reassure foreign politicians and business leaders of its commitment to global free trade by opening and reforming its domestic economy.

    And next week’s “Summer Davos” – or the World Economic Forum’s Twelfth Annual Meeting of the New Champions – in Tianjin will serve as the next occasion for Beijing to outline its stance.

    “The Chinese government has high expectations for the conference,” Xia Qing, deputy head of the National Development and Reform Commission’s international department, said on Wednesday.

    It was at the World Economic Forum at Davos in January last year that President Xi Jinping made a now-famous keynote speech defending free trade while opposing the rising tide of protectionism. Xi sought to portray China as the new leading champion of globalisation.

    “As the trade war is tending to escalate, [China] is sending strong signals that it will firmly promote globalisation, trade liberalisation, that it will support the Belt and Road Initiative and actively respond to global technological changes,” Xia said.

    (read more: South China Morning Post)

    10Aug, 2018
    China paper rebuts trade war criticism, says ‘an elephant can’t hide’

    China’s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength.

    he growing trade conflict is causing rifts within China’s Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the U.S. position, sources close to the government have said.

    The ruling Communist Party’s official People’s Daily took direct aim at those it said were naysayers in an unusually public rebuttal to a debate that has been happening largely behind closed doors in policy-making circles in China.

    photo: Jason Lee – Reuters

    While condemnation of the White House has come at home and abroad, there are those who have spread “specious” views on the internet, it said in a lengthy commentary.

    “One of these puts the blame on China, saying that ‘China’s strategy is too confident and high profile, incurring a one-two punch from the United States’,” it said.

    “Another of these criticizes China saying that it shouldn’t strike back,” the paper said. “The meaning is – as long as China caves in, the United States will raise its hand high in mercy, and the Sino-U.S. trade war won’t happen.”

    However, it was absolutely not the case that China brought this upon itself, the commentary said.

    History showed that the United States had always gone after countries, such as the former Soviet Union, Britain or Japan, that were perceived as threatening its global dominance. That had brought China into the firing line with its enormous and growing economy, the People’s Daily said.

    (source: Reuters)