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By EquityPandit

WORLD

Xi Jinping Says China ‘Not Afraid’ as US-China Trade War Escalates

He criticised trade wars as having "no winners" and rejected reliance on foreign aid.

Xi Jinping addressed the US-China trade war for the first time, stating that China is “not afraid” of external pressures.

He criticised trade wars as having “no winners” and rejected reliance on foreign aid, highlighting China’s history of self-reliance.

The dispute has escalated, with US tariffs on Chinese goods reaching 145% and China retaliating with 84% tariffs, bans on Hollywood films, and market restrictions.

Xi is strengthening ties with Europe and Asia, engaging with Spain and planning visits to Vietnam, Malaysia, and Cambodia to build alternative trade alliances.

He urged the EU and Spain to resist “unilateral bullying,” emphasising deeper collaboration in energy, high-tech manufacturing, and smart cities.

With no resolution, China focuses on internal resilience and global outreach while sidelining direct US negotiations.

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