China congratulates Trump, says it respects America's choice

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President Donald Trump meets with China's President Xi Jinping astatine the commencement of their bilateral gathering astatine the G20 leaders acme successful Osaka, Japan, June 29, 2019.

Kevin Lemarque | Reuters

China expressed respect for the U.S. predetermination effect and congratulated Donald Trump connected his victory, and an authoritative paper called for a "pragmatic" attack to bilateral differences arsenic U.S. tariff threats loomed.

Trump, a Republican who has promised to instrumentality stiff tariffs, recaptured the White House with a sweeping triumph implicit Democrat Kamala Harris in Tuesday's election. He volition instrumentality bureau successful January.

"We respect the prime of the American radical and congratulate Mr. Trump connected his predetermination arsenic president," a Chinese overseas ministry spokesperson said successful a connection precocious connected Wednesday.

China-U.S. relations person been fraught for years, notably astir commercialized and information including Taiwan and the South China Sea.

Trump's triumph could revive issues from his 2017-2021 archetypal presidency, erstwhile helium started a commercialized warfare with the world's second-largest system and imposed tariffs.

Trump volition  restart the China commercialized   wars with tariff policy, says Evercore ISI's Sarah Bianchi

Chinese state-run paper China Daily successful an editorial connected Wednesday portrayed Trump's 2nd presidency arsenic a imaginable "new opening successful China-U.S. relations if the accidental that has been offered is not wasted."

The Biden medication did not dismantle Trump's commercialized policies and continued to people China's state-driven concern practices.

In September, it locked in steep tariff hikes connected Chinese imports, including a 100% work connected electrical vehicles, 50% connected star cells and 25% connected steel, aluminum, EV batteries and cardinal minerals, successful a bid to support strategical American industries.

The adjacent U.S. medication tin fortify dialog and connection with China to grip differences, China Daily said.

But a threat by Trump to enforce 60% tariffs connected U.S. imports of Chinese goods poses large maturation risks for China.

Not lone are the threatened tariffs overmuch higher than the 7.5%-25% levied connected China during Trump's archetypal term, the Chinese system is besides successful a overmuch much susceptible presumption arsenic it faces a steep spot downturn, burdensome section authorities indebtedness and anemic home demand.

U.S. policies and "misconceptions" towards China person posed important challenges for relations, China Daily said.

"A pragmatic attack to bilateral relations is indispensable successful navigating the complexities of planetary challenges."

The due handling of China-U.S. relations, which the paper called the world's astir important bilateral relationship, "not lone serves the communal interests of some countries but besides volition inject greater certainty and stableness into the world."

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