China is a ‘kung fu master’ and can deliver ‘deadly punch’ to US economy in trade war, ex-official says
- China has many options for retaliating against the US and is likely to implement tariffs that go beyond trade in goods, a former top government official says
- Wei Jianguo, a former vice-minister in the Ministry of Commerce, says China has the ‘willingness to act to fight a prolonged war’
China has many options for retaliating against the United States and is likely to implement sanctions that go beyond tariffs on trade in goods, a former top government official said.
Wei Jianguo, a former vice-minister at the Ministry of Commerce (Mofcom) responsible for foreign trade, said China still had abundant tools in its armoury and has already prepared a contingency plan to deal with the escalation of the trade war.
“China will not only act as a kung fu master in response to US tricks, but also as an experienced boxer and can deliver a deadly punch at the end,” Wei told the South China Morning Post, adding that the world’s second largest economy is prepared for an extended trade war with the US.
“China has not only the determination and capability, but also willingness to fight a prolonged war,” Wei said. “The decision makers already fully understand the pattern of the US in the trade talks.”
