Economy

China Accuses US of Economic Bullying and Unilateralism in Global Trade Dispute

China's Stance on US Tariffs Policy

In a strong statement, Chinese Foreign Ministry spokesperson Lin Jian criticized the United States for its tariffs policy, labeling it as a tool for national dominance that harms other countries. Lin described the US actions as "unilateralism, protectionism, and economic bullying," highlighting the negative impact on global trade and cooperation.

Impact on Global South and WTO Principles

Lin pointed out that the US approach not only undermines the legitimate interests of countries, especially those in the Global South, but also deepens economic inequalities. He emphasized that such actions are in violation of WTO principles, calling for a united front against protectionism to ensure fair and shared global growth.

Call for Multilateral Cooperation

Stressing the importance of the UN and WTO frameworks, Lin advocated for collective efforts to resist protectionist policies. He underscored the need for equitable development for all nations, reinforcing the call for a multilateral approach to global trade challenges.