Hey there, global news enthusiasts! 🌍
China's got something to say, and they're not holding back! 💥 On Monday, the Chinese Foreign Ministry spokesperson Mao Ning fired back at the Group of Seven (G7), refusing to accept accusations that China implements \"non-market\" policies and practices.
During a regular press briefing, Mao Ning addressed the G7's buzz about the so-called Chinese overcapacity. She emphasized that China's economic success over the past 40 years is no fluke. \"It's the result of our reform and opening up,\" she said, highlighting the effective blend of market mechanisms and government roles driving China's growth. 🚀
Mao didn't mince words when pointing fingers back at certain Western countries. \"In fact, the discriminatory practices adopted by a few Western countries against specific countries and companies are truly non-market practices,\" she remarked. Ouch! 🔥
She also called out the G7 for using the overcapacity issue as an excuse to impose restrictions on China's new energy products. \"Such an act completely deviates from facts and economic regulations and is protectionism in nature, serving no interests of any party,\" Mao stated. 🎯
Looks like the global trade arena just got a bit more heated! Stay tuned for more updates. 📢
Reference(s):
China refuses G7 accusation of 'non-market' trade policies, practices
cgtn.com
