China tells US to stop 'bullying' in trade, rejects accusations
US allegations that China is causing harm to workers and violating trade commitments are inconsistent with international economic and trade rules, the Chinese government has said.
“China's economic achievements in the past 40 years are due to its successful reform and opening-up policy," Commerce Ministry spokesman Gao Feng said on Thursday.
Gao’s remarks come on the heels of a new assessment report released by the US Trade Representative's office on Wednesday, which accused China of “violating, disregarding and circumventing WTO rules to achieve its industrial policy objectives.”
The annual report said the US needed to take new strategies and update its domestic trade tools to deal with China's “state-led, non-market policies and practices.”
Gao hit back. “We believe, as a member of the World Trade Organization, that the US is obliged to abide by WTO rules, instead of creating a new set under the name of pursuing new strategies to practice unilateralism, protectionism, and bullying.”
He said that his government hopes the US would “adopt rational and pragmatic economic and trade policies toward China” and would bring China-US relations back to the right track of stable development.
The US House of Representatives has passed a sweeping legislation aimed at increasing American competitiveness with China and boosting US semiconductor manufacturing. The bill will invest billions of dollars in American manufacturing and scientific research in a bid to take on China's growing economic dominance.
Relations between the US and China - the world’s two biggest economies - have been strained over a range of issues from trade to security to COVID-19 pandemic.
Although Biden and his Chinese counterpart Xi Jinping held a virtual summit in November, it produced no significant breakthroughs.
Seoul prepares for second Trump presidency
Putin: Ukraine’s neutrality essential for achieving peace
Possible Korean ban on arms shipments to Israel
VIDEO | Beaten Democrats look warily at four more years of Trump
VIDEO | A look at Trump's past actions
US, UK warplanes pound Yemeni capital Sana’a, other regions
VIDEO | 57 weeks of pro-Palestine rallies in Milan
VIDEO | Iraqi fighters strike Israeli military target, vow ‘increasing intensity’
VIDEO | Iran confirms successful signals from Kowsar, Hodhod satellites
VIDEO | What will keep Gaza on top of the new US presidential agenda?
188 Palestinian journalists killed since start of Israeli war: Gaza media office
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
