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BEIJING: China would not fear confrontation with the United States but would welcome cooperation if it is mutually beneficial, Chinese Foreign Minister Wang Yi said on Monday.

Problems in the U.S.-China relationship were down to “strategic misjudgments” by the American side, he said in a speech, posted on foreign ministry website.

“If there is confrontation, then (China) will not fear it, and will fight to the finish,” he said.

Wang said “there is no harm” in competition but it should be “positive”.

Stay, swap or shed: Investors brace for delisting of US-listed China stocks

Relations between the United States and China are at a low over a range of disagreements including the origins of the COVID-19 pandemic, trade, human rights, and Beijing’s increasing pressure on Taiwan.

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