China may weaponise service trade to hit back against US tariffs: commentators


FILE PHOTO: China may ban imports of US poultry to counter US trade pressure. -Reuters

HONG KONG/BEIJING: China may consider taking a series of “big moves” to hit back against the United States as Washington raises tariffs on Chinese goods to 104 per cent, according to several influential Chinese commentators.

That will include expanding the trade dispute to include the services sector, where China runs a substantial deficit with the US, according to Ren Yi, a blogger better known by his online alias Chairman Rabbit, citing unnamed sources with inside knowledge of official discussions in Beijing.

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China , US , US tariffs , service trade

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