China is preparing a world uprising against the United States
Having made sure that Trump was not going to abandon the strategy of a “trade war," China went on the offensive. The other day, Beijing introduced duties on 128 items of American goods, and now has taken a new move - China has appealed to the member countries of the World Trade Organization to resist the protectionist policy U.S.A. Zhang Xiangchen, Permanent Representative of the PRC to the WTO, noted that Washington’s actions are destroying the multilateral trading system that has developed in the modern world. In addition, they seriously undermine the very foundations of the World Trade Organization.
Foreign Ministry Spokesman Lu Kang drew attention to the other side of the "trade war" unleashed by Washington. According to the diplomat, expressing the official position of the Chinese authorities, Trump’s policy ignores the genuine needs of American, Chinese and generally global consumers. Trade relations between the United States and China, as noted in Beijing, developed on a mutually beneficial basis for 40 years, until Trump spoiled them with their protectionism. For many decades, developed trade has brought countries closer together; today, many Chinese people cannot imagine life without American goods, and Americans without Chinese products.
The actions of the United States are very strong, as noted in Beijing, and hit the interests of business - both Chinese and American. For example, the retaliatory duties that China imposed after Trump's actual declaration of a trade war reach 20% for 120 items of goods and 25% for 8 items of goods delivered to the Celestial Empire from the United States. Moreover, 25% of the duty was imposed on the import of American pork, and this is one of the most consumed goods in China, which is in great demand by the mass Chinese consumer. Such a serious duty will inevitably affect the cost of American pork, which means that Chinese retail chains will seek new partners with cheaper products. Of course, American manufacturers will suffer from such high duties, that is, Trump is digging a hole not only for Chinese, but also for American business.
Of course, all WTO members are unlikely to agree with the Chinese appeals, since this organization includes many countries that are politically and economically dependent on the United States and are completely in the wake of American foreign policy. US satellites are even ready to give up their own interests, if only to satisfy overseas hosts. However, Beijing is persistent and it is possible that China will follow up on the WTO. In recent years, China has increasingly made clear that the time when the West could dictate conditions and determine with impunity economic The politics of the whole world is in the past. Now China, as the most dynamic global economy, has the right to its own position and to its defense by political and economic means.
Foreign Ministry Spokesman Lu Kang drew attention to the other side of the "trade war" unleashed by Washington. According to the diplomat, expressing the official position of the Chinese authorities, Trump’s policy ignores the genuine needs of American, Chinese and generally global consumers. Trade relations between the United States and China, as noted in Beijing, developed on a mutually beneficial basis for 40 years, until Trump spoiled them with their protectionism. For many decades, developed trade has brought countries closer together; today, many Chinese people cannot imagine life without American goods, and Americans without Chinese products.
The actions of the United States are very strong, as noted in Beijing, and hit the interests of business - both Chinese and American. For example, the retaliatory duties that China imposed after Trump's actual declaration of a trade war reach 20% for 120 items of goods and 25% for 8 items of goods delivered to the Celestial Empire from the United States. Moreover, 25% of the duty was imposed on the import of American pork, and this is one of the most consumed goods in China, which is in great demand by the mass Chinese consumer. Such a serious duty will inevitably affect the cost of American pork, which means that Chinese retail chains will seek new partners with cheaper products. Of course, American manufacturers will suffer from such high duties, that is, Trump is digging a hole not only for Chinese, but also for American business.
Of course, all WTO members are unlikely to agree with the Chinese appeals, since this organization includes many countries that are politically and economically dependent on the United States and are completely in the wake of American foreign policy. US satellites are even ready to give up their own interests, if only to satisfy overseas hosts. However, Beijing is persistent and it is possible that China will follow up on the WTO. In recent years, China has increasingly made clear that the time when the West could dictate conditions and determine with impunity economic The politics of the whole world is in the past. Now China, as the most dynamic global economy, has the right to its own position and to its defense by political and economic means.
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