The US has underestimated the Chinese people’s will to fight a trade war and Beijing is prepared for a long economic battle, an influential Chinese Communist Party (CCP) journal said yesterday.
China would not give way on major principles in its negotiations with the US on ending the dispute, the commentary in the ideological journal Qiushi, or Seeking Truth, said.
The editorial represented “a further mobilization of Chinese society” in the struggle against US trade pressure, wrote Hu Xijin (胡錫進), editor-in-chief of the state-run Global Times newspaper, in a tweet.
“China will not be afraid of any threats or pressure the United States is making that may escalate economic and trade frictions. China has no choice, nor escape route, and will just have to fight it out till the end,” the Qiushi commentary said. “No one, no force should underestimate and belittle the steel will of the Chinese people and its strength and tenacity to fight a war.”
The commentary also accused the US of trying to hamper Chinese technological innovation.
“We must keep the initiative of innovation and development firmly in our hands, increase investment and research in key, core technology areas, pool together more high-value talents, enhance innovation and get rid of the core technology plight,” it said.
Qiushi said US consumers and businesses had reaped huge benefits from trade with China and warned that trade frictions would inevitably have a serious negative impact on the US economy.
The US Trade Representative’s Office today is scheduled to open seven days of testimony from US retailers, manufacturers and other businesses about Trump’s plan to hit another US$300 billion worth of Chinese goods with tariffs.
On the Chinese microblogging platform Sina Weibo, enthusiastic slackers share their tips: Fill up a thermos with whiskey, do planks or stretches in the work pantry at regular intervals, drink liters of water to prompt lots of trips to the toilet on work time, and, once there, spend time on social media or playing games on your phone. “Not working hard is everyone’s basic right,” one commenter wrote. “With or without legal protection, everyone has the right to not work hard.” Young Chinese people are pushing back against an engrained culture of overwork, and embracing a philosophy of laziness known as “touching
‘STUNNED’: With help from an official at the US Department of Justice, Donald Trump reportedly planned to oust the acting attorney general in a bid to overturn the election Former US president Donald Trump was at his Florida resort on Saturday, beginning post-presidency life while US President Joe Biden settled into the White House, but in Washington and beyond, the chaos of the 45th president’s final days in office continued to throw out damaging aftershocks. In yet another earth-shaking report, the New York Times said that Trump plotted with an official at the US Department of Justice to fire the acting attorney general, then force Georgia Republicans to overturn his defeat in that state. Meanwhile, former acting US secretary of defense Christopher Miller made an extraordinary admission, telling Vanity Fair that
The Palauan president-elect has vowed to stand up to Chinese “bullying” in the Pacific, saying that the archipelago nation is set to stand by its alliances with “true friends,” Taiwan and the US. Surangel Whipps Jr, 52, a supermarket owner and two-time senator from a prominent Palauan family, is to be sworn in as the new president tomorrow, succeeding his brother-in-law, Tommy Remengesau Jr. In a forthright interview, Whipps said that the US had demonstrated over the years that it was a reliable friend of Palau, most recently shown by its delivery of 6,000 doses of the Moderna COVID-19 vaccine. “It’s important for
DELIVERING HOPE: The Japanese PM pledged to push ahead with plans to stage the Games, despite polls showing about 80% think they will not or should not happen Japanese Prime Minister Yoshihide Suga yesterday vowed to get the COVID-19 pandemic under control and hold the already postponed Olympic Games this summer with ample protection. In a speech opening a new session of parliament, Suga said that his government would revise laws to make disease prevention measures enforceable with penalties and compensation. Early in the pandemic, Japan was able to keep its caseload manageable with nonbinding requests for businesses to close or operate with social distancing, and for people to stay at home, but recent weeks have seen several highs in new cases per day, in part blamed on eased attitudes