China Attack US Trade Rules In Wake Of Curbs From Washington
WASHINGTON, DC (ANI) – Chinese Foreign Minister Wang Yi criticized the United States for its “bewildering” trade policy, describing it as a series of “unfathomable absurdities,” CNN reported.
In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching “bewildering levels of unfathomable absurdity.”
Wang questioned the confidence of the United States as a major country, stating, “If it gets jittery whenever it hears the word China, where is its confidence as a major country?”
He further disparaged the US for pursuing its prosperity while denying other countries legitimate development, raising concerns about international fairness. Wang also pointed out the US’ persistent efforts to monopolise the high end of the value chain, leaving China at the low end, questioning the principles of fairness and competition, as reported by CNN.
Wang’s comments on the US come amidst ongoing efforts by Washington to restrict China’s access to high-end technology. The White House has recently tightened controls on the types of semiconductors that US companies can sell to China, aiming to prevent American technology from being used to support the Chinese military.
The US has also imposed sanctions on Chinese entities over various issues, including allegations of human rights abuses in Xinjiang, involvement in the illicit fentanyl trade, and support for Russia’s invasion of Ukraine.
Wang’s remarks underscored the challenges in the US-China relationship, even as he acknowledged “some improvements” since the summit between US President Joe Biden and Chinese leader Xi Jinping in November.
In a notable contrast to his criticism of the US, Wang praised China’s growing relationship and record trade with Russia, emphasizing this positive aspect early in the press conference when the first question was taken from a Russian state media reporter.
