China MOFCOM: China is prepared for escalation with US on trade dispute

More headlines hitting the wires from the Chinese Commerce Ministry (MOFCOM) are found below.

Chinese law does not mandate foreign parties to transfer technology.

China will not rule out any options on trade dispute with the US.

China is prepared for escalation with US on trade dispute.

China treats both domestic and foreign firms fairly.

No demand that tariffs to be equal in bilateral relationship under WTO rules.

Not reasonable to require tariffs to be completely equal for both sides.

To implement "Made in China 2025" initiative in an open environment.