Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.

Speaking with Spanish Prime Minister Pedro Sanchez in Beijing, Xi emphasised China's seven-decade history of self-reliance, rejecting reliance on foreign aid. According to CCTV, he cautioned that "there are no winners in a trade war,

Chinese leader, Xi Jinping, has insisted his country is “not afraid.” This marks Jinping’s first public comment on the escalating trade war with the United States. Xi made the remarks while speaking with Spanish Prime Minister Pedro Sanchez in Beijing on Friday,