China Vice Premier Liu He: Wants negotiated solution on trade based on mutual respect

China Vice Premier Liu recently crossed the wires saying that they wanted a negotiated solution on trade based on mutual respect.

Key quotes

• No one has ever emerged as a winner from a trade war.
• Believes protectionism and unilateralism not the solution on trade.
•  Expects great improvement in intellectual property protection.
• Agrees reciprocal market access is required.
• Competition in economy is very important.