In a significant twist to global trade dynamics, the Chinese mainland has strongly opposed recent U.S. measures targeting its maritime, logistics, and shipbuilding sectors. 🚀
A spokesperson for the Ministry of Commerce explained that the U.S. actions—stemming from a Section 301 investigation and detailed in a non-paper—unjustly blame Chinese sectors for domestic industrial challenges. The spokesperson described these moves as unilateral and protectionist, warning that they disrupt global industrial supply chains and violate WTO rules.
Industry associations have joined the chorus. The China Federation of Logistics & Purchasing, the China Association of the National Shipbuilding Industry, and the China Shipowners' Association all voiced strong opposition, stressing that such measures could hike international logistics costs and undermine the stability of global trade. They cautioned that rather than reviving U.S. industries, these actions may intensify inflationary pressures and hurt American livelihoods.
As the situation unfolds, the message from the Chinese mainland is clear: respect multilateral rules and work together to secure a stable, prosperous global economy. 🌍
Reference(s):
China slams U.S. acts on its maritime, logistics, shipbuilding sectors
cgtn.com
