Trade Tensions Flare as Beijing Criticizes 'Protectionist' U.S. Investigation
China has fired back at the Biden administration over a controversial trade probe, urging Washington to ‘return to the rules-based multilateral trading system’ 🌍⚖️. The move comes after the U.S. released a Section 301 investigation report targeting China's maritime, logistics, and shipbuilding sectors.
Foreign Ministry spokesperson Guo Jiakun didn’t mince words at Friday’s press briefing: 'The U.S. investigation violates WTO rules and is pure protectionism' 🔍🚫. He argued that America’s own overprotection—not unfair practices—caused its shipbuilding decline, while China’s growth stems from ‘innovation and market competition’ 🚀.
Why This Matters for Global Markets
Beijing claims the U.S. is ‘blaming China for its own problems’—a move they call economically nonsensical. With China vowing to 'take all necessary measures' to protect its interests, young professionals and entrepreneurs are watching closely 👀. Could this spark a new trade war chapter?
Quick Takeaways: – 🛑 U.S. accused of ignoring WTO rules – 🇨🇳 China credits industrial strength to tech innovation – ⚡ Beijing warns of response if probe continues
