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The global concern for a trade war continues to build as the rhetoric between the US and China has intensified over the last week.
Chinese state media has criticised the moves by the White House, labelling the Trump administration “selfish”, “rude” and “mundane”. An editorial in the state owned Global Times said on Sunday “the unpredictability of the Trump administration has become mundane, or even boring for China”… “It reinforces the difference in images of the two countries: one challenges the foundation of global trade through sudden attacks; and one that is prepared to defend itself in a trade war that it cannot avoid.”
Alongside this, an editorial in the People’s Daily, also over the weekend, added that Trump’s moves have given China the opportunity “to see more clearly the face of the Trump administration”. Furthermore, and in a more poetic take on things, China’s official Xinhua news agency said “the wise man builds bridges, the fool builds walls. With economic globalisation th...
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