Malaysian Prime Minister Mahathir Mohamad on Thursday called for talks to resolve the ongoing trade dispute between Washington and Beijing and urged the world to accept China’s technological prowess.
Continue Reading Below
The U.S. cannot expect to always be at the top in technology, and countries need to talk to deal with a powerful China, Mahathir said at a conference in Tokyo. He referred to the Chinese telecom giant Huawei and said nations with differing ideologies must be able to get along.
“It is worth it to talk to each other and stop this confrontation,” he said. “We have to accept that the U.S. cannot forever be the supreme nation in the world that can have the best technology in the world.”
For months, the world’s two biggest economies have been locked in a standoff over trade balances and technology, including allegations that China uses unfair tactics, such as stealing trade secrets.
The Trump administration has imposed 25% tariffs on $250 billion in Chinese imports and is planning to tax another $300 billion in imports that have so far been spared. It escalated the stakes this month by putting Huawei on a blacklist that effectively bars U.S. companies from supplying it with computer chips, software and other components without government approval.
Mahathir warned that conflict between the U.S. and China would only lead to “greater destruction.”
Advertisement
“We want to see reasonable, responsible countries sit down around a table and discuss problems. How do we deal with China, a strong China which is very rich because China has got money,” he said.
Mahathir arrived in Tokyo on Wednesday and leaves Friday.
Japanese Prime Minister Shinzo Abe has meetings with Mahathir and leaders of six other Asian nations this week, part of his administration’s policy of courting Europe, the U.S. and other nations in part to counter China’s growing global influence.
___
Follow Haruka Nuga on Twitter https://twitter.com/HarukaNuga
