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China Vice Premier Liu recently crossed the wires saying that they wanted a negotiated solution on trade based on mutual respect.

Key quotes

  • No one has ever emerged as a winner from a trade war.
  • Believes protectionism and unilateralism not the solution on trade.
  •  Expects great improvement in intellectual property protection.
  • Agrees reciprocal market access is required.
  • Competition in economy is very important.

Source: Reuters.