China’s doves urge Beijing to find common ground with Washington
Amid mounting tensions with Washington, the doves among China’s communist elite are growing increasingly vocal in their urging for Beijing to take a more cautious approach.
The trade dispute between the world’s two largest economies escalated on Friday when US President Donald Trump made good on his threat to increase the tariff rate on US$200 billion worth of Chinese imports to 25 per cent and China’s commerce ministry responded by saying it would introduce retaliatory measures.
Later the same day, the latest round of trade negotiations ended in Washington with no deal and only a statement saying they would resume, at an unspecified date, in Beijing.