China has firmly rebuffed accusations from the G7 nations about its trade policies, calling the claims 'unilateral' and disconnected from reality. 🌐 At a press briefing Monday, Chinese Foreign Ministry spokesperson Mao Ning defended the country's economic model, emphasizing that China's rise over the past 40 years is rooted in reform, opening up, and balancing market forces with government guidance. 💼
Market Reforms vs. Protectionism
Mao didn't hold back, highlighting that 'discriminatory practices by a few Western countries'—not China—are the real 'non-market' offenders. She criticized the G7's focus on so-called Chinese overcapacity as a thinly veiled attempt to curb China's booming new energy sector. 🔋⚡️
What’s Next for Global Trade?
The spat underscores growing tensions as China challenges traditional economic powerhouses. Mao warned that protectionist policies 'serve no one’s interests,' urging collaboration over confrontation. 🤝 Will this spark a new chapter in global trade dynamics? Stay tuned. 📈
