{"id":30294,"date":"2019-01-23T16:22:55","date_gmt":"2019-01-23T16:22:55","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=30294"},"modified":"2019-01-23T16:22:55","modified_gmt":"2019-01-23T16:22:55","slug":"beijing-says-china-and-us-are-mutually-indispensable","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=30294","title":{"rendered":"Beijing says China and US are &#8216;mutually indispensable&#8217;"},"content":{"rendered":"<div id=\"body-200771816342556199\" readability=\"101\">\n<p class=\"speakable\">China and the United States cannot do without one another, one of Beijing&#8217;s most senior officials said as the world&#8217;s two biggest economies struggle to end a damaging trade war.<\/p>\n<p class=\"speakable\">&#8220;The Chinese and US economies are mutually indispensable, so their relations must be mutually beneficial and win-win,&#8221; Chinese Vice President Wang Qishan said at the World Economic Forum in Davos on Wednesday.<\/p>\n<p class=\"speakable\">&#8220;This is the reality: Neither side can do without the other side,&#8221; said Wang, who plays a top role in resolving the US-China trade battle.<\/p>\n<p>The annual forum in the Alpine ski resort was originally expected to see the two sides meet, but the White House cancelled the US delegation&#8217;s trip due to the government shutdown in Washington.<\/p>\n<p>Meanwhile, economic experts assembled in Davos are also worried about an economic slowdown in China, but Wang &#8211; a close ally of President Xi Jinping &#8211; said the economy was growing at a healthy pace.<\/p>\n<p>&#8220;The number is 6.6 percent. I think this is a pretty significant number. Not low at all,&#8221; Wang said, referring to the growth rate for 2018, the lowest in 28 years.<\/p>\n<p>&#8220;There will be a lot of uncertainties in 2019, but China&#8217;s economy will continue to achieve sustainable growth. Speed does matter. But what really matters is the quality and efficiency of our economic development.&#8221;<\/p>\n<p>Last year,\u00a0Washington imposed tariff increases of up to 25 percent on $250bn of Chinese imports over complaints Beijing steals or pressures companies to hand over technology.<\/p>\n<p>Beijing responded by imposing penalties on $110bn of US goods, slowing customs clearance for US companies and suspending issuing licenses in finance and other businesses.<\/p>\n<p>The dispute weighed on economic growth and sparked volatility on global markets amid mounting uncertainty.<\/p>\n<\/div>\n<div readability=\"32\">\n<p>\n            SOURCE:<br \/>\n            <span>Al Jazeera and news agencies<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China and the United States cannot do without one another, one of Beijing&#8217;s most senior officials said as the world&#8217;s two biggest economies struggle to end a damaging trade war. &#8220;The Chinese and US economies are mutually indispensable, so their relations must be mutually beneficial and win-win,&#8221; Chinese Vice President Wang Qishan said at the&hellip;<\/p>\n","protected":false},"author":10,"featured_media":30295,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-30294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle_east_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/30294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30294"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/30294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/30295"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}