STOCKSHOTS: China warns it 'won't capitulate' as US trade talks loom China rejects US accusations of backtracking in trade talks, warning it would not "capitulate to any pressure" as the two sides head into make-or-break negotiations. The US has raised the stakes with plans to increase tariffs on $200 billion in Chinese goods from 10 to 25 percent on Friday, prompting Beijing to vow to hit back with "necessary countermeasures". STOCKSHOTS OF PHONE AND ELECTRONIC STORES