China says won't yield to any U.S. pressure over trade

BEIJING (Reuters) - China's commerce ministry said on Thursday Beijing will not yield to any "maximum pressure" from Washington, and any attempt by the United States to force China into accepting a trade deal will fail.

China will not make concessions on matters of principle, ministry spokesman Gao Feng told reporters at a regular briefing.

Trade talks between the world's two largest economies fell apart in May. U.S. officials said China had watered down commitments it made on issues such as stopping intellectual property theft.

Asked about U.S. President Donald Trump's accusation that China reneged on its promises, Gao said: "Nothing is agreed until everything is agreed."

(Reporting by Yawen Chen and Ryan Woo; editing by Darren Schuettler)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• September could be cruel for stocks and a great month to buy: Yardeni
• Microsoft to reveal Azure cloud sales in financial reporting shift 
• Williams: Want To Analyze More Data Before Next Decision