21.04.2025, 08:59
China urged to avoid a return of world trade to the "law of the jungle"
Source: OREANDA-NEWS
OREANDA-NEWS Beijing does not accept deals that are made at the expense of its interests, and is ready to resist such actions. This is stated in a statement by the Ministry of Commerce of the People's Republic of China, which commented on reports of US plans to get partners to restrict trade with Chinese enterprises in exchange for a reduction in the rates of previously imposed import duties.
The representative of the department called for avoiding the return of international trade to the "law of the jungle", where the strong prey on the weak. The unilateral actions and protectionism that Washington is leaning towards will not benefit anyone, and in the end, all countries of the world will become victims, China is confident.
Beijing welcomes the very desire of the parties to resolve trade and economic differences with the United States on the basis of equal consultations, but if we are talking about mutual duties, then we should take a position of fairness and protect international trade and economic rules and the multilateral trading system.
The Ministry of Commerce stressed that China has the determination and capabilities to protect its interests. He is ready to strengthen coordination with all partners to counter unilateral intimidation.
The representative of the department called for avoiding the return of international trade to the "law of the jungle", where the strong prey on the weak. The unilateral actions and protectionism that Washington is leaning towards will not benefit anyone, and in the end, all countries of the world will become victims, China is confident.
Beijing welcomes the very desire of the parties to resolve trade and economic differences with the United States on the basis of equal consultations, but if we are talking about mutual duties, then we should take a position of fairness and protect international trade and economic rules and the multilateral trading system.
The Ministry of Commerce stressed that China has the determination and capabilities to protect its interests. He is ready to strengthen coordination with all partners to counter unilateral intimidation.
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