BEIJING, China – Spokesperson of the Chinese parliament Zhang Yesui said China does not want a trade war with the United States but would be ready to defend its interests, during a press conference in Beijing on Sunday.
“If we take a look at the share of China’s defence budget in China’s GDP, or in China’s national fiscal spending, and also in per-capita term, we can see that China’s defense input is actually still lower compared to major countries,” Zhang Yesui, Spokesperson for National People’s Congress.
Yesui then went onto explain that China seeks peace and not engage in any kind of hostility.
“China is committed to a path of a peaceful development and China pursues a defense policy that is defensive in nature. China’s development will not pose a threat to other countries,” he said.
“Let me talk about economic and trade relations between China and the US. Such trade and economic relations are mutually beneficial by nature. And China-US trade has risen to such a level that last year the total travel was more than 580 billion US dollars. So for such a big relation it is natural that there are some frictions,” Yesui explained.
“China does not want a trade war with the United States, but if the US takes actions to hurt China’s interests, China will not sit idly and will take necessary measures,” he warned.