China has fired back at the U.S. over plans to restrict Chinese vehicle imports, warning that politicizing trade will only hurt America's own auto industry. 🚗💥
On Friday, Chinese Foreign Ministry spokesperson Mao Ning urged the U.S. to \"respect the laws of market economy and the principle of fair competition,\" and to stop \"overstretching the concept of national security\" to discriminate against Chinese enterprises.
This comes after U.S. President Joe Biden announced an \"unprecedented action\" to investigate whether Chinese vehicle imports pose national security risks, especially concerning \"connected\" car technology.
Mao noted that Chinese cars are gaining global popularity due to technological innovations and superior quality developed amid fierce market competition, not because of so-called unfair practices. 🌍🚗
Fun fact: China exported a whopping 4.91 million vehicles in 2023, gearing up to become the world's largest auto exporter! 🚀
But here's the tea: By putting up trade walls, the U.S. might just be hitting the brakes on its own auto industry's growth. Time to buckle up and see how this ride unfolds! 🍿
Reference(s):
China says U.S. politicizing trade issues will hinder its own auto industry
cgtn.com
