Beijing is determined against the fact that any side has ended an agreement on the cost of China’s interests.
China has warned other countries about the consequences of ending trade agreements with the United States that could damage Beijing’s interests. This is stated in the official statement of the Ministry of Community of the PRC, published Monday, April 21.
“China really contradicts any agreement that ends at the expense of its interests,” the ministry emphasized. Beijing announced its willingness to apply “steps to one another in response.”
In China, they are added that they are promoting unity and coordination with other states to put together unilateral pressure.
The warning sounded against behind negotiations between the United States and other countries about the removal or ease of tariffs introduced by the Donald Trump administration. In Washington, in exchange for concessions, they seek to limit trade with China partners and prevent industrial potential.
According to Bloomberg, Trump’s economic advisers consider the possibility of introducing the SO -Called second tariff against imports from countries that maintain a close relationship with China. The United States also wants the partners not to occupy excess Chinese goods that may fall under American duties.
Vietnam, according to Reuters, is preparing to limit the travel of Chinese goods to the United States. Meanwhile, Japan and South Korea have begun negotiations in Washington, in the meantime, Taiwan called the negotiations with the “intense” control.
Former World Bank director in China Burt Hoffmann believes the US chance to create an anti-Chinese coalition is limited due to the instability of their foreign policy. At the same time, according to him, China has significant trade surfaces in individual countries, therefore, in order to reduce tension, they should increase domestic demand and coordinate the policy with partners.
In China, they have repeatedly taken steps in response to the international cooperation of countries along with the United States. In particular, after the placement of American Thaad in South Korea in 2016, Beijing’s limited tourism and the activities of Korean companies are complicated.
Also last year, China banned exports in the United States a number of strategic materials, including Gaul and Germany, used in the defense industry. In April, Beijing introduced new export restrictions on rare elements of the land in response to the new roles of the United States.
At the same time, against the background of increasing a trade confrontation, the PRC is active in diplomatic efforts in Southeast Asia and Europe. Last week, China Xi Jinping head visited Vietnam, Malaysia and Cambodia to strengthen cooperation with the region.
Remember, China suggested that the EU unite against Trump. The total relationship with China’s trade and the EU forms more than one third of the world’s general trade.
But soon, Peking encouraged Trump to cancel the duties and “fix the mistakes.”
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.