India, Aug. 21 -- Chinese ambassador Xu Feihong likened the US to a "bully" on Thursday and said Beijing will stand with New Delhi to uphold the multilateral trading system at a time when Washington is using tariffs to demand "exorbitant prices" from other countries.
The envoy's remarks, made during a discussion on the upcoming Shanghai Cooperation Organisation (SCO) Summit in Tianjin next week that Prime Minister Narendra Modi will attend, reflected the sudden thaw in India-China relations against the backdrop of growing strains between New Delhi and Washington over trade-related differences.
"At present, tariff wars and trade wars are disrupting the global economic and trade system, power politics and the law of the jungle are prevale...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.