China Says Trade Tension Constrains Global Economy

Beijing, US trade protection measures may

affect the economy to some extent, but can be overcome, the Chinese

Ministry of Foreign Affairs said.

Chinese Ministry of Foreign Affairs spokesman Geng Shuang

told news conference, “China has the confidence and ability to deal

with any external threats and shocks amid rising trade tensions

between China and the United States”.

He added that the Chinese economy is maintaining steady growth

with positive momentum. He cited economic growth of 6.4 percent in

the first quarter this year, faster than expected.

“China is confident that its economy will vigorously pursue reform,

opening-up and high-quality development in line with the special

timetable and roadmap. It affirmed that the escalation of trade tensions

is not in the interest of any party and will also constrain the global

economy,” he said.

Source: Oman News Agency

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