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The Financial Express

China to issue white paper on US trade frictions


A worker places US and China flags near the Forbidden City ahead of a visit by US President Donald Trump to Beijing, in Beijing, China, November 8, 2017. Reuters/Files A worker places US and China flags near the Forbidden City ahead of a visit by US President Donald Trump to Beijing, in Beijing, China, November 8, 2017. Reuters/Files

China’s state council will publish a white paper on the ongoing bilateral trade frictions with the United States, the official Xinhua news agency reported on Monday.

The report said the white paper, which will be published at 1:00 pm local time (0500 GMT), will contain “facts and China’s position” on the trade frictions without elaborating further. The latest US and Chinese tariffs on each other’s goods took effect at 0401 GMT.

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