During her recent visits to Asian countries, the U.S. Secretary of Treasury vilified China as follows: China is conducting unfair trade activities to take predominant position in the field of advanced technology. It is intolerable that China creates economic confusion and wields its geopolitical influence with major raw materials, technology and goods taking advantage of its position in the market. And the trade between allies should be strengthened.
The Chinese newspaper “China Daily” in its comment said that trade is a reciprocal activity of making commercial transactions according to the bilateral agreement. Therefore, it said, it is a nonsense to claim that the Sino-American trade is only profitable to national interests of China. It also criticized the U.S. for appealing to its allies with “shared values” to strengthen trade saying that it is, in essence, to turn the trade relations into a part of cold war factionalism of Washington.
It also disclosed that the ulterior purpose of the U.S. is to break the economic interdependence between the countries formed thanks to the globalization of the economy for several decades and to isolate China.
The U.S. moves to contain China and to internationally isolate it were not made public for the first time by the U.S. Secretary of Treasury during her Asian trip this time.
In 2018, under the pretext of “unfair trade deficit with China”, the U.S. provoked a China-U.S. trade war by imposing additional tariffs on Chinese imports worth of hundreds of billions of US$. The U.S. also has been attempting in every way to cut off the industrial and supply chain between China and all the countries of the world.
This year alone, it has rigged up all sorts of economic blocs one after another to the exclusion of China, including IPEF (Indo-Pacific Economic Framework), PBP (Partners in the Blue Pacific) and PGII (Partnership for Global Infrastructure and Investment).
Besides, it is imposing unilateral sanctions on Chinese companies for the reason they cooperate with Russia in the field of munitions industry. It is scheming to form “Chip 4” with the purpose of eliminating China from the world’s supply network of semiconductors.
The reality clearly shows that the U.S. pressure on China has entered a full-scale stage becoming more undisguised not only in the political, diplomatic and military fields, but also in the areas of economy and trade with its scale expanded into a world level.
As the Chinese media warned, the shameless and hegemonic behavior of the U.S. attempting to hinder the economic development of China will only bring self-destructive consequences to itself.
More From Ministry of Foreign Affairs (EN)
July 5 marks the 214 th anniversary of the independence of Venezuela. Situated in the northern part of South America, Venezuela w
July 05, 2025
July 5 marks the 214 th anniversary of the independence of Venezuela. Situated in the northern part of South America, Venezuela w
A spokesperson for the Foreign Ministry of the Democratic People’s Republic of Korea gave the following answer to a question
July 04, 2025
A spokesperson for the Foreign Ministry of the Democratic People’s Republic of Korea gave the following answer to a question
A spokesperson for the DPRK Foreign Ministry issued the following press statement titled “QUAD should stop unilateral coercive
July 03, 2025
A spokesperson for the DPRK Foreign Ministry issued the following press statement titled “QUAD should stop unilateral coercive
Discord within the European Union deepens as some members stated that they will block any new EU sanctions against Russian banks
July 03, 2025
Discord within the European Union deepens as some members stated that they will block any new EU sanctions against Russian banks
It has been recently disclosed that about 500 U.S. troops are stationed in Taiwan. In this regard, the press spokesperson for the
July 03, 2025
It has been recently disclosed that about 500 U.S. troops are stationed in Taiwan. In this regard, the press spokesperson for the
The word “orphan” in human history has long stood for children without primary caregivers in a miserable and lonely plight devoid
July 02, 2025
The word “orphan” in human history has long stood for children without primary caregivers in a miserable and lonely plight devoid
The peoples of the Democratic People’s Republic of Korea and the Russian Federation are meaningfully commemorating as a common
June 30, 2025
The peoples of the Democratic People’s Republic of Korea and the Russian Federation are meaningfully commemorating as a common
We are celebrating today the 9 th anniversary of the significant day when respected Comrade Kim Jong Un was elected as the
June 29, 2025
We are celebrating today the 9 th anniversary of the significant day when respected Comrade Kim Jong Un was elected as the
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
June 29, 2025
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
The DPRK embassy in Moscow hosted a reception on June 23 on the occasion of the first anniversary of the historic DPRK-Russia
June 27, 2025
The DPRK embassy in Moscow hosted a reception on June 23 on the occasion of the first anniversary of the historic DPRK-Russia
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
June 25, 2025
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
China has recently denounced and opposed NATO’s expansion pursued by certain European politicians who mean to instigate tension an
June 24, 2025
China has recently denounced and opposed NATO’s expansion pursued by certain European politicians who mean to instigate tension an
June 24 is a meaningful day marking the 51 st anniversary of the establishment of diplomatic ties between the Democratic
June 24, 2025
June 24 is a meaningful day marking the 51 st anniversary of the establishment of diplomatic ties between the Democratic
Politico EU, the analysis website for European issues, recently revealed the U.S. scheme for redrawing the commanding map to put G
June 24, 2025
Politico EU, the analysis website for European issues, recently revealed the U.S. scheme for redrawing the commanding map to put G
The Enlarged Meeting of the Twelfth Plenary Meeting of the Eighth Central Committee of the Workers’ Party of Korea was held from
June 24, 2025
The Enlarged Meeting of the Twelfth Plenary Meeting of the Eighth Central Committee of the Workers’ Party of Korea was held from
The Juche-type military equipment is fully demonstrating the dignity of Juche Korea across the globe in every domain including the
June 24, 2025
The Juche-type military equipment is fully demonstrating the dignity of Juche Korea across the globe in every domain including the
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a reply
June 23, 2025
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a reply
The spokesperson for the Ministry of Foreign Affairs of the Democratic People’s Republic of Korea gave the following answer to
June 23, 2025
The spokesperson for the Ministry of Foreign Affairs of the Democratic People’s Republic of Korea gave the following answer to
June 19 is the day which opened another significant chapter in the history of friendly and cooperative relations between the
June 19, 2025
June 19 is the day which opened another significant chapter in the history of friendly and cooperative relations between the
June 19 is a historic day when the Democratic People’s Republic of Korea (DPRK) and the Russian Federation demonstrated the
June 19, 2025
June 19 is a historic day when the Democratic People’s Republic of Korea (DPRK) and the Russian Federation demonstrated the
More Articles