Zhu Guangyao, China’s Vice Minister of Finance from 2010 to 2018, speaks exclusively with Bloomberg’s Haslinda Amin about the escalating trade conflict between Washington and Beijing. “If the US wants China to totally accept the US proposal, to accept the US conditionality, I think there’s no negotiation,” Zhu says. The former top economic official also says that while technical teams from both countries remain in contact, talks over Washington’s “reciprocal” tariffs must be based on mutual respect, co-existence and a win-win mindset.
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