China's statement regarding the.........>

CHINA PRESS: China's statement regarding the China-U.S. trade talk this weekend,

released by the official Xinhua News Agency, shows that China still insists

neither side will start a trade war if trade talks are ongoing, a social media

account run by the official communist newspaper People's Daily said Sunday. 

  - If the U.S. takes any tariff action against China, all agreed-upon terms

would become invalid, the article analyzing the statement said; 

  - China will not cause trouble, but it is not afraid to tackle trouble caused

by other countries, it said;

  - China's reforms, opening up and increasing domestic consumption are all its

own national strategies, and will be implemented even without the trade

tensions, the newspaper said, stressing it will advance the campaigns at its own

pace. 

***Comment: The trade talk will end on Monday. According to the Xinhua

statement, the two sides are willing to discuss the details about the

implementation of the Washington agreement. However, no specific consensus or

deals have been announced at this point.