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Published 21:33 1 Oct 2018 BST
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Guardiola is insistent that there are no plans to sell Sterling, though, nor to buy Mbappé.
"That is not going to happen," he said.
"Sometimes I don't understand where the news comes from.
"Manchester City aren't going to spend the money that Mbappé deserves, or that PSG deserves. PSG are not going to sell this kind of player to any other club in the world in the next years, I guess.
"That is not going to happen, Mbappé is not going to come here, we are not going to swap Raheem or another top player that we have."
Guardiola continued, asking for both City and PSG to be paid more respect regarding transfer rumours reported in the media.
"I don't understand where sometimes the news comes from, I don't understand it.
"People should be more respectful of PSG, respectful of Manchester City, for the players from PSG, for the players from Man City, they should have more respect.
"Of course I am the second person to know exactly which players are targets, which players I want to sell or something like that. But it is what it is."
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