China slams latest tariffs as 'bullying'

Nation should be fully prepared to fight an extended battle, says expert

Chinese officials and experts said that Washington's plan to impose a 10 percent tariff on $300 billion worth of Chinese goods starting Sept 1 is irrational and irresponsible, hurts the interests of China and the world and is not in the long-term interests of the US.

The trade friction and new planned tariffs are harmful for both China and the United States, and the global economy overall, and this has been proven by capital markets around the world, according to Tong Jiadong, former vice-president of Nankai University in Tianjin.