China Says Trade Conflict With U.S. to Have Broad, Lasting Impact

By Anonymous

BEIJING—A senior Chinese official, in a rare acknowledgment of pains from an escalating trade fight with the U.S., said the dispute would have broad and lasting impact on the Chinese economy.

“Impacts from trade frictions on the Chinese economy will have both direct and indirect impact, both short term and long term,” Ning Jizhe, a deputy chief of the nation’s top economic planner, said in an interview with official Xinhua News Agency published late Monday.