China's not having it! 🇨🇳✨ On Friday, the Chinese Foreign Ministry fired back at the U.S., dismissing claims of overcapacity as a \"man-made false narrative.\" According to Yang Tao, director-general of the Department of North American and Oceanian Affairs, what's really \"excess\" isn't China's production, but U.S. anxiety. 😲
In a media briefing about U.S. Secretary of State Antony Blinken's visit to China, Yang didn't hold back. He called out the \"overcapacity claim\" as yet another example of U.S. protectionism and an attempt to suppress China's development. 🚫💥
\"The so-called overcapacity claim is not a market-defined conclusion,\" Yang said. \"It's a man-made false narrative.\" Ouch! 😬 Looks like tensions are high, and China’s not afraid to speak up. 🗣️
With global markets watching closely, this exchange adds another layer to the complex relationship between these two powerhouse economies. 🌍💼 Young professionals and students alike should keep an eye on how this unfolds—it could shake up international trends! 📈🧐
Reference(s):
China says overcapacity is false narrative driven by U.S. anxiety
cgtn.com
