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Steve Bannon says US engaged in ‘economic war’ with China

The US and China are engaged in an “economic war” from which there will be only one winner, White House strategist Steve Bannon has warned in a stinging attack on Washington’s principal geopolitical rival.

In an impromptu and wide-ranging interview published on Thursday morning Beijing time in The American Prospect, a left-leaning US magazine, Mr Bannon also said he was working to place anti-China hawks in key positions at the defence and state departments, and admitted that there was “no military solution” to the North Korean nuclear crisis.

“We’re at economic war with China,” Mr Bannon said. “One of us is going to be a hegemon in 25 or 30 years and it’s gonna be them if we go down this path.

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