We do not want US trade war, says China

We do not want US trade war, says China

Kerry Wise
March 5, 2018

China has no desire to overturn the existing worldwide order and its increasingly powerful military does not constitute a threat to others, Chinese Vice Minister of Foreign Affairs and National People's Congress (NPC) spokesman Zhang Yesui (張業遂) said yesterday.

"China has always upheld the path of peaceful development, and practices a defensive defence policy". The nation's military budget for 2017, discussed at the parliament previous year, exceeded 1 trillion yuan ($157.53 billion) for the first time.

Zhang Yesui, spokesperson for the first session of the 13th National People's Congress (NPC), anwsers questions during a press conference on the NPC session at the Great Hall of the People in Beijing, capital of China, March 4, 2018.

The defence budget of the U.S. which is the highest in the world amounted to $602.8 billion.

The proposal, part of Trump's budget request for the US government, would provide the Pentagon $617 billion and an additional $69 billion to fund ongoing wars in fiscal year 2019.

Chinese Navy also expanded its global reach with flotilla ships sailing through the far-off oceans to expand China's influence. Last year, the spokeswoman announced a defense spending increase of about 7 percent.

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China's defense spending as a share of GDP and the budget also remains lower than that of other major nations, he said.

"Part of it has been to make up for past investment deficiencies, mostly on renewing equipment (and) improving material benefits for soldiers", Zhang added.

"To say that the Belt and Road Initiative is a geo-strategic tool, in my view, this is a misinterpretation of the initiative", he said.

India opposed the China-Pakistan Economic Corridor connecting China's Xinjiang with Gwadar as it passes through the Pakistan-occupied Kashmir.

"Whether this was a joke or not, talking about being President for life like Xi Jinping is the most unAmerican sentiment expressed by an American President", said Democrat Ro Khanna, a California congressman.

Chinese politician Wang Yang, anticipated to succeed Yu Zhengsheng, the current chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), is expected to play an important role in embarking on economic propaganda targeting Taiwan, according to a Chinese-language Liberty Times report. "Thanks to joint efforts from all parties, this initiative is being turned into actions from a concept, and being translated into reality from a vision", Zhang said.