Date: 6 months ago   Category: World

China is ready to overcome together with Russia all hindrances and difficulties - RIA Novosti, 9/25/2018


BEIJING, 25 Sep — RIA Novosti. China and Russia are capable to overcome different hindrances and difficulties thanks to good complementarity of economies of two countries, the head of the Chinese delegation at the international trade negotiations (ministerial level) Foo Ziying.© of AP Photo/Ng Han Guan has said on Tuesday, File of the Ministry of Defence of China has expressed a protest to the USA because of sanctions for cooperation with the Russian Federation "At economies of Russia and China very high level of complementarity. I think that at a personal role of leaders of two countries we will be able surely to overcome different hindrances and difficulties" — he has said at a briefing, answering a question whether the damage from different American restrictive trade measures by means of economic cooperation within BRICS and SCO can compensate China. Trade war between China and the USA has begun after on July 6 this year the mutual raised customs duties between these states have come into force. The USA has introduced duty into 25% for import of 818 names of goods from China with a total amount of deliveries of 34 billion dollars a year. As a counter-measure China in the same day has introduced duty into 25% for import of equivalent volume of the American goods. In August the USA has introduced duty into 25% for import of the Chinese goods of 16 billion dollars. Right after it the Chinese side has entered similar measures. Discontent of the USA is caused by a trade imbalance between two countries which, by estimates of Washington, makes 500 billion dollars in favor of China.

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