Saturday, Apr 27 2024 | Time 04:28 Hrs(IST)
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World


China releases white paper on facts on trade friction with US

Beijing, Sep 24 (UNI) China has released a white paper to clarify the facts and its position on China-US trade friction on Monday.
The 36,000-Chinese-character white paper is comprised of six parts, which are mutually-beneficial and win-win China-US cooperation in the trade and economic field, clarification of the facts about China-US trade and economic relations, the trade protectionist practices of the US administration, the trade bullyism practices of the US administration, damage of the improper practices of the US administration to global economy, and China's position, a report in state news agency Xinhua said here.
China is the world's biggest developing country and the United States is the biggest developed country, said the white paper. "Trade and economic relations between China and the United States are of great significance for the two countries as well as for the stability and development of the world economy."
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