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China evokes patriotism, past wars as trade conflict with U.S. heats up

Beijing has yet to say whether or how it will retaliate to the latest escalation in trade tensions, which saw Washington put telecoms equipment giant Huawei Technologies Co Ltd on a blacklist that will make it extremely difficult for the telecom giant to do business with U.S. companies.

The world’s two largest economies are locked in an increasingly acrimonious trade dispute that has seen them level escalating tariffs on each other’s imports in the midst of negotiations, adding to fears about risks to global growth and knocking financial markets.

The United States is not sincere about wanting to resume trade talks with China and has damaged the atmosphere for negotiations with its recent moves, a state media social media account said.

Without sincerity there was no point in coming for talks and nothing to talk about, Taoran Notes, a WeChat account run by a daily, said in a post late on Thursday that was re-posted by the ruling Communist Party’s official newspaper.

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