AsianFin -- Beijing's ambassador to India, Xu Feihong, wrote an article on Tuesday to address concerns about cheap Chinese goods flooding other markets.
In the article, Xu emphasized that China would not resort to dumping its goods in other countries due to its trade and tariff war with the United States.
Since US President Donald Trump took office in January, the world's two largest economies, China and the US, have been engaged in a tit-for-tat tariff battle. As a result of this trade friction, the tariffs imposed on each other's goods by China and the US have risen to over 100%. This ongoing trade dispute has sent shockwaves through global markets.