China Defiant As Trade War With The US Intensifies
As the trade dispute between the two largest economies in the world reaches new heights, China ignites patriotic spirit by publishing an article that reminds people of how past adversities made the nation stronger:
“The trade war can’t bring China down. It will only harden us to grow stronger. What kind of storms have not been seen, what bumps have not experienced for China, with its more than 5,000 years of civilization? In the face of hurricanes, the nearly 1.4 billion Chinese people have confidence and stamina.”
“From the Opium War to the
Sino-Japanese War to the War of Resistance Against Japanese Aggression and the
War to Resist US Aggression and Aid Korea – disaster and misery have come one
after the other, tempering the Chinese people, pushing Chinese society to forge
ahead in setbacks and move forward in adversity.”
In the commentary, the ruling party’s
official newspaper also described China’s determination to protect its national
interests and dignity as being as “firm as a boulder”.
The battle between the global giants further escalated after the Trump administration announced the addition of China’s Huawei Technologies Co Ltd to the trade blacklist.
Beijing has not issued any statements regarding its plan of action but analysts predict that this latest move from Washington will make it extremely difficult for Huawei to conduct business with US companies.
“Today, the wheel of destiny has
turned and we have arrived at this extreme and dark moment, as a super-nation
ruthlessly disrupts the world’s technology and industry system,” according
to a letter written by the President of Huawei’s Hisilicon unit.
China, which reported unexpectedly
weak growth in retail sales and industrial output on Wednesday, also said on
Friday that the impact of trade frictions on its economy was
“controllable”.
“(We will) fully study the
impact of the additional tariffs imposed by the United States, and promptly
introduce countermeasures as needed to ensure that the economy operates within
a reasonable range,” Meng Wei, a spokeswoman for the National Development
and Reform Committee (NDRC), told a media briefing on Friday.