China has no intention of replacing the US, foreign minister maintains

Foreign Minister Wang Yi has said China has no need or intention to replace the United States' international role, and he warned that if the US wages a trade war, it will "backfire".

Wang made the comment in a news conference on the sidelines of the annual session of the National People's Congress amid lingering global concerns over Washington's protectionist trade investigations and sanctions.

US President Donald Trump warned last month that the US will use "all available tools" to prevent China's economic model from undermining global economic competition, Bloomberg News reported.