China will “firmly stand” with India to uphold World Trade Organisation principles, said Chinese Ambassador to India Xu Feihong, taking direct aim at the U.S. for imposing 50% tariffs on Indian goods.
In a speech about the upcoming Shanghai Cooperation Organisation (SCO) Summit, where Prime Minister Narendra Modi, Russian President Vladimir Putin and leaders of Central Asia, Pakistan, Iran and Belarus will be hosted by Chinese President Xi Jinping, Ambassador Xu was particularly sharp on the “trade and tariff wars” that he said had disrupted the multilateral trading system, and referred to the U.S. as a “bully”.
