American companies would suffer most from a trade war between the US and China, premier Li Keqiang told reporters at a press conference.
“If there was a trade war between China and the United States, the worst impacted would be foreign invested companies, in particular US companies,” Mr Li told reporters at an annual press conference, citing a report from an “authoritative” think tank which he did not name, writes Tom Hancock in Shanghai.
“We don’t want to see a trade war,” Mr Li added.
Asked about a string of combative statements made by US President Donald Trump. Mr Li said that he was optimistic about US-China relations and welcomed Mr Trump’s recent embrace of the “One China Policy”.
The policy is the “political foundation of China US relations,” Li said, adding: “With that foundation in place there are good prospects for China US cooperation”.
Mr. Trump is set to hold his first summit with China’s President Xi Jinping next month.