China warned to prepare for lengthy trade war with US



Frank Tang | South China Morning Post

Beijing should prepare for extended conflict with Washington, because their fundamental differences cannot be resolved in a brief meeting of top leaders, a government adviser has warned.

“We shouldn’t and can’t accept the US imposed terms for a ‘ceasefire’. The trade war won’t end in two or three years and we should make long-term mental preparations,” Pei Changhong, former director of the Institute of Economics at the Chinese Academy of Social Sciences, a government think tank, said on Thursday.

US President Donald Trump is using the trade war as a tool to blackmail China for economic concessions, but the fundamental US strategy is to contain China, he argued.

Read more here