09:26 GMT +314 November 2019
Listen Live
    United States Vice President Mike Pence delivers his speech during the Munich Security Conference in Munich, Germany, Saturday, Feb. 16, 2019

    US Does Not Seek to Contain China's Development - Pence

    © AP Photo / Matthias Schrader
    World
    Get short URL
    21334
    Subscribe

    This comes amid the latest report by the International Monetary Fund (IMF) that says that China will face an economic slowdown in 2020, with its growth rate potentially falling below 6%.

    Much of the destiny of the 21st century will hinge on the relationship between the US and China, Vice President of the US Mike Pence said. 

    Mr Pence said that the US does not seek confrontation with China but seeks a level playing field, as well as open markets, fair trade and 'respect for our values'. He added that Washington is not seeking to contain China's development.

    According to Pence, a strong majority of Americans are behind Trump's approach to China. He said that the Trump administration was treating China's leaders with respect, honesty and consistency. 

    The US Vice President said that his country's economy has added trillions of dollars in wealth under Trump while the economy of China has continued to fall behind. "In the past year, Beijing has not taken a significant action to improve our economic relationship, and in many areas, its behaviour has become more aggressive."  

    A man stands near a poster depicting a mural of U.S. President Donald Trump stating that all American costumers will be charged 25 percent more than others starting from the day president Trump started the trade war against China, on display outside a restaurant in Guangzhou in south China's Guangdong province.
    © AP Photo / COLOR CHINA PHOTO
    A man stands near a poster depicting a mural of U.S. President Donald Trump stating that all American costumers will be charged 25 percent more than others starting from the day president Trump started the trade war against China, on display outside a restaurant in Guangzhou in south China's Guangdong province.

    The October 2019 World Economic Outlook (WEO) report recently released by the International Monetary Fund (IMF) says that China's economy would face a further slowdown growing at just 5.8 per cent, which is 0.4 per cent lower than was projected for 2020 in January 2019.

    On Hong Kong Protests 

    Pence also commented on the situation in Hong Kong, accusing Beijing of increasing interventions in Hong Kong and curtailing people's rights and liberties. 

    He also urged the people of Hong Kong to 'stay on the path of non-violent protest', adding that 'we stand with you...we are inspired by you." Pence said that Hong Kong is a 'living example' of what China could be if it embraces liberty. He added that China's Communist Party is decoupling from the wider world.

    Tags:
    US-China trade war, Mike Pence, Hong Kong, China, United States
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik