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China unveils white paper on trade frictions

China’s state council will publish a white paper on the ongoing bilateral trade frictions with the United States.
 
Xinhua news agency reported on Monday
that the white paper, which will be published at 1 p.m. local time (0500
GMT), will contain “facts and China’s position” on the trade frictions,
without elaborating further.
 
The latest U.S. and Chinese tariffs on each other’s goods took effect at 0401 GMT.
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