by Dramelin 9:30 PM 0 comments

China, U.
S.
Would Both Be ?Wounded? by Trade War, Chen SaysChina?s former commerce minister said he worries a trade war with the U.
S.
is coming, warning it would hurt both countries and leave a trail of destruction across Asia.
?I?m seriously preparing for a trade war,? Chen Deming told reporters Monday on the sidelines of the annual National People?s Congress in Beijing.
?The entire Asian supply chain will be damaged by a trade war.
?? With assistance by David Tweed, and Keith Zhai How That Trump-China Trade War Could Play Out: QuickTake Q&A?I?m preparing for some solid counter measures to reduce or limit our damage if there?s a trade war with the U.
S.
,? Chen said.
?Both of us will be weakened and wounded by a trade war, and the global community will also be damaged.
?During his election campaign, U.
S.
President Donald Trump accused China of stealing American jobs and intellectual property.