China on Sunday hit out at the US over its decision to impose 100 per cent tariffs on Chinese goods, calling Washington's move a display of "double standards". Beijing said it would take a "just and reasonable principled position" and continue implementing export control measures in a "prudential and moderate manner".

The reaction came after US President Donald Trump, on October 10, announced additional levies set to take effect from November 1, in retaliation for what he termed as China's "extraordinarily aggressive" new export restrictions on rare-earth minerals.

Washington also threatened to cancel a planned meeting with Chinese President Xi Jinping later this month.

Add Zee Business as a Preferred Source

In a statement, China's Ministry of Commerce said, "On October 9, China releas

See Full Page