Beijing will 'emerge stronger' from tariff war, Chinese newspaper says

  • Various state-controlled Chinese media outlets have issued sharp editorials supporting Beijing's decision to enforce retaliatory duties on U.S. imports.
  • "The trade conflict will not force China to succumb to US pressure," the China Daily newspaper said on Tuesday.
  • Chinese President Xi Jinping's administration will use the stand-off "as an opportunity to replace imports, promote localisation or develop export-oriented advanced manufacturing," the People's Daily said on Wednesday.
Chinese President Xi Jinping.
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Chinese President Xi Jinping.

China will find a way to benefit from the tariff spat with Washington, state-owned media outlets said, reiterating Beijing's defiance in the face of fresh U.S. trade measures.

"To deal with the trade war, what China really should do is to focus on doing its own thing well," said the People's Daily, a mouthpiece of the ruling Chinese Communist Party, on Wednesday.

Chinese President Xi Jinping's administration will use the stand-off "as an opportunity to replace imports, promote localisation or develop export-oriented advanced manufacturing," it continued.

Beijing on Tuesday announced retaliatory duties on $60 billion worth of American goods following President Donald Trump's latest punitive action. On Monday night, the U.S. leader unveiled a 10 percent tariff on $200 billion worth of Chinese imports that will go into effect next week and eventually rise to 25 percent by year-end.

Beijing will "outlast" the trade war and "emerge stronger," the state-controlled China Daily warned in a Tuesday editorial.

"If the US really wants to end the trade conflict, it should show more sincerity and adopt a down-to-earth, problem-solving approach," the English-language media outlet said. "The trade conflict will not force China to succumb to US pressure," it continued.

Many now expect Trump to respond with further penalties.

In a statement on Monday, the U.S. leader said "if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports."