China hit back at the group of world's Seven richest democracies a day after G7 leaders adopted a rival plan to oppose Beijing's Belt and Road Initiative by helping build infrastructure in poorer nations.
Exports spiked 60.6 percent on-year in the January-February period, well above analysts' expectations, while imports rose 22.2 percent, with electronics and textile exports such as masks contributed to the spike in outbound shipments.
China's warning comes after New York Stock Exchange's statement that it would delist China Telecom Corp Ltd, China Mobile Ltd and China Unicom Hong Kong Ltd.
China's state councillor and Foreign Minister Wang Yi says there is now an opportunity for the country and the US to "open a new window of hope".
Secretary of State Mike Pompeo's statement comes amid a steady downward spiral in China-US ties and a tense China-India border stand-off in disputed Kashmir.
US President Donald Trump has stepped up his rhetoric against North Korea, accusing the country of "looking for trouble." North Korea warned of a nuclear attack on the US at any sign of aggression.
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