China’s top trade promotion agency has slammed U.S. investigations into its maritime and shipbuilding sectors as “unreasonable and groundless,” sparking fresh tensions in global trade dynamics. The China Council for the Promotion of International Trade (CCPIT) demanded the U.S. immediately halt its Section 301 investigation – a move that could escalate trade friction between the world’s two largest economies. 💥
🔍 Why it matters:
The U.S. probe targets China’s maritime logistics and shipbuilding industries, accusing unfair practices
CCPIT argues there’s “no causal link” between U.S. industry struggles and China’s policies
Chinese firms credited with boosting global supply chain stability through innovation
💡 Between the lines: This clash comes as both nations vie for dominance in critical industries. China’s shipbuilding sector now accounts for over 50% of global output – a stat that’s making waves in Washington. 🌐
The CCPIT emphasized that Chinese companies “actively compete through innovation,” comparing the situation to a high-stakes game of Among Us where accusations need concrete evidence. 🚢💻 A spokesperson stated: “We urge the U.S. to play by the rules and stop this investigation drama – the world economy isn’t your personal lobby.”
