In a recent press briefing, China's Foreign Ministry urged the U.S. to respect facts and adhere to multilateral rules, emphasizing the importance of a rules-based trading system.
Spokesperson Guo Jiakun responded to questions about the U.S. release of a Section 301 report targeting China's maritime, logistics, and shipbuilding sectors. He criticized the investigation, stating it violates World Trade Organization (WTO) norms and labels it as protectionist.
Guo highlighted that the decline in the U.S. shipbuilding industry's competitiveness was due to long-term overprotection, while China's growth in these sectors stems from technological innovation and active market participation.
He argued that the Biden administration's actions lack factual basis and contradict basic economic principles. Guo assured that China will closely monitor the investigation and take necessary steps to protect its interests.
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China Calls Out U.S. Over Trade Probe: 'Respect…
