Beijing is holding a rare Sunday press conference to address US China trade war. Comes as China has threatened to blacklist foreign firms in a response to US move to blacklist Huawei. May get details about which firms China is targeting.
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Speaking now Wang Shouwen, deputy int'l trade rep for China, insists that the US is responsible for the breakdown of talks. "When you give them an inch, the US wants a mile."
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When asked whether Xi and Trump will meet at G20 and what will they discuss, Wang says he doesn't have this information at hand. Says China will "definitely have representatives" at the meetings
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Calls US move to place Chinese companies like Huawei on the 'entity list' dealt a severe setback for negotiations. Wang blames the move for "unduly escalating trade frictions"
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Adds that there have been "some overinterpretations" about China's announcement of an "entity list" and that it will protect the rights of foreign and Chinese companies equallyhttps://www.nytimes.com/2019/05/31/business/china-list-us-huawei-retaliate.html …
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