• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
China

China says it has no interest in a ‘new Cold War’ with U.S.

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
August 6, 2020, 1:35 AM ET
Chinese Foreign Minister Wang Yi Holds Video News Conference
BEIJING, CHINA - MAY 24: Chinese Foreign Minister Wang Yi, located at the Great Hall Of The People, answers to the questions from the press located at the Media Center, during a video press conference on May 24, 2020 in Beijing, China. China opened its annual parliamentary gathering, known as 'Two Sessions' on May 21, after being postponed since March because of the Covid19 outbreak. (Photo by Andrea Verdelli/Getty Images)Andrea Verdelli—Getty Images

China signaled it did not want relations with the U.S. To worsen and urged against the creation of a “new Cold War” as the world’s two biggest economies continue to clash on multiple fronts.

“We reject any attempt to artificially create a so-called ‘new Cold War,’” Chinese Foreign Minister Wang Yi said in an interview with the official Xinhua News Agency late Wednesday. “Anyone who tries to start a new Cold War in the 21st century will be on the wrong side of history and will only be remembered as the one who has upended international cooperation.”

Tensions between the U.S. And China have heightened in recent months over issues including trade, human rights, and the rise of Chinese technology companies, driving China to say that relations had hit multi-decade lows. Tit-for-tat forced closures of consulates in each country last month were followed by an announcement this week of the highest-level U.S. Trip to Taiwan in more than 40 years, a move Beijing said it “firmly opposed.”

“China has no intention to fight a ‘diplomatic war’ with the U.S. As it will only hurt the interests of the two peoples even more,” Wang said. “If the U.S. Is bent on going down the wrong path, China is ready to make due response.”

Wang also urged the U.S. To “reject decoupling and uphold cooperation,” saying the interests of both sides were deeply entwined. Secretary of State Michael Pompeo has urged U.S. Companies to bar Chinese applications from their app stores, part of Washington’s push to banish Chinese technology from American computers and smartphones.

“Forced decoupling will inflict a lasting impact on bilateral relations, and endanger the security of international industrial chains and interests of all countries,” he said.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.