FILE PHOTO: Chinese president Xi Jinping attends the welcome ceremony of Greek President Prokopis Pavlopoulos in front of the Great Hall of the People, in Beijing, China, on May 14, 2019. REUTERS/Jason Lee/File Photo
BEIJING, 22 May (Reuters)-China must prepare for difficult times in an increasingly complicated international arena, warned Chinese president Xi Jinping in statements released by the state media on Wednesday.
The country is facing an increase in tariffs in a bitter trade war with Washington. The two countries are immersed in a spiral of tariff increases to their respective imports, after talks to resolve their dispute were interrupted.
Roughing has intensified since last week Washington blacklisted Chinese telecommunications equipment Company Huawei Technologies Co LTD, a potentially devastating blow to the firm that has shaken the chains of Supply of technology and investors.
On a three-day trip this week to the southern province of Jiangxi, one of the cradles of China's communist revolution, Xi urged citizens to learn from the hardships of the past. "Today, in this new long march, we must overcome a number of major risks and challenges, both inside and outside the country, and also win new victories for Chinese socialism," said Xinhua state news agency paraphrasing Xi.
"Our country is still in a period of important strategic development opportunities, but the international situation is becoming more and more complicated," he added.
"We must be aware of the complex and lasting nature of various unfavorable factors both at home and abroad, and prepare adequately for a number of difficult situations." Statements disseminated by the state media do not abound in details of these difficulties. Nor does it collect direct mentions of the trade war or the United States. During his trip Xi also visited a rare-earth enterprise, which provoked speculation about the possibility that the sector could be the next front in the trade war between China and the United States.
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