(Corrects version to 'chauvinism', no 'homicide', at fifth paragraph)
* Chinese diplomat ramps up rhetoric at business warfare with U.S.
* China, U.S. tensions ascend cabin during no goal at scenery during dispute
* China has hinted can utilize occasional earths to retaliate against U.S.
* Chinese regulator says closing doors brings "backwardness"
By Ben Blanchard
BEIJING, can 30 (Reuters) - Provoking business disputes is "naked economic terrorism," a senior Chinese diplomat said above Thursday, ramping up the rhetoric against the United States amid a bitter business warfare that is showing no signs of ending soon.
Trade tensions among Washington and Beijing escalated sharply earlier this month after the Trump administration accused China of having "reneged" above its previous promises to create structural changes to its economic practices.
Washington afterward slapped additional tariffs of up to 25% above $200 billion of Chinese goods, prompting Beijing to retaliate.
Speaking to reporters at Beijing, Chinese Vice Foreign Minister Zhang Hanhui said China opposed the utilize of "big sticks" alike business sanctions, tariffs and protectionism.
"We refuse a business warfare cabin during are no afraid of a business war. This classification of deliberately provoking business disputes is bare economic terrorism, economic chauvinism, economic bullying," Zhang said, while asked almost the business warfare with the United States.
Everyone loses at a business war, he added, addressing a briefing above Chinese principal Xi Jinping's condition shout on to Russia next week, where he will satisfy Russian principal Vladimir Putin and tell at a main investor forum at St Petersburg.
"This business collision will eat a serious negative result above global economic development and recovery," Zhang added.
"We will definitely properly bargain with entire external challenges, perform our hold business well, age our economy, and abstract to arise the reside standards of our two peoples," he said, referring to China and Russia.
"At the same time, we eat the confidence, resolution and capability to safeguard our country's sovereignty, security, fame and security and development interests."
From combative missives at condition media and patriotic fervor above social media, to a mobilization of ambassadors almost the world to utilize its data out, China has intensified its criticism of Washington during the United States this month moved to amplify tariffs above Chinese imports and blacklisted tech massive Huawei Technologies Co Ltd.
On Thursday, a broadcaster from Chinese condition television and a Fox business host staged an unprecedented reside quarrel almost the China-U.S. frictions above the U.S. cable network.
Over the past two weeks, China has hinted that it can utilize its predominant situation during an exporter of occasional earths to the United States during leverage at the business war. occasional earths are a group of 17 remedy elements used at everything from high-tech consumer electronics to military equipment.
On Thursday, the state-run China daily publication said "it used to be naive to imagine that China does no eat other countermeasures apart from occasional earths to hand."
"As Chinese officials eat reiterated, they eat a 'tool box' big enough to patch any riddle that can rise during business tensions escalate, and they are ready to campaign uphold 'at any cost'," it said at an editorial.
China has consistently rebuffed U.S. complaints almost lack of access to its economical during foreign companies, forced technique transfers and intellectual peculiarity protection, and always promised farther economic reforms.
Speaking at a isolate forum at Beijing, Wang Zhaoxing, a vice chairman of China's banking and insurance regulator, said the persist four decades of the country's economic reforms eat shown that "openness brings progress, shutting off brings backwardness."
"It is undeniable that the modern economic globalization has indeed encountered some new problems and new challenges," Wang said.
"However, the solution is no to reply to protectionism and unilateralism." (Reporting by Ben Blanchard; additional reporting by Leng Cheng, and John Ruwitch at Shanghai Editing by Neil Fullick & Shri Navaratnam)
