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Chinese President Xi Jinping:’Want a trade deal with US, but not afraid to fight back’

Adopting a recent tougher tone on US, Chinese President Xi Jinping said that Beijing wants a trade deal with US on the principle of mutual respect and equality but is not ‘afraid’ to start a trade war.

Xi iterated the Chinese stance to a US delegation from Bloomberg’s New Economy Forum at the Beijing’s ornate Great Hall of the People.“We want to work for a Phase 1 agreement on the basis of mutual respect and equality,” Xi told the group.

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