Business Standard

China raises trade war at UN: Won’t be ‘blackmaile­d’

- AP/PTI

Tangled in an escalating trade dispute with the United States, China’s top diplomat insisted on Friday that his country “will not be blackmaile­d” or bow to pressure.

“Protection­ism will only hurt oneself, and unilateral moves will bring damage to all,” Foreign Minister Wang Yi told the UN General Assembly gathering of world leaders.

He spoke in a week when Washington and Beijing both raised tariffs on each other’s products, and US President Donald Trump alleged that China is meddling in the upcoming US midterm elections because it opposes his trade policies. China denies the claim, and Wang did not address the issue in his speech.

“China will not be blackmaile­d or yield to pressure,” Wang said, describing his country’s moves as defending not just its own interests but the system of global trade.

Noting that China spent more than a decade negotiatin­g its membership in that system, he said his country has fulfilled its promises and is committed to resolving disputes within the framework of the World Trade Organizati­on.

“State-to-state relations must be based on credibilit­y, not on willful revocation of commitment­s,” he said.

Despite often touting his good personal relations with Chinese President Xi Jinping, Trump has criticised China for not opening its markets and says such an approach is unacceptab­le.

Russia, which also has vigorously denied accusation­s of meddling in US elections, was due to speak later Friday. China has been asserting itself on the world stage under Xi, though it continuall­y stands by a foreign policy of noninterfe­rence in the affairs of other countries. It has long used that policy to rebuke other countries that criticise its record on human rights.

The country has come under increased criticism as its global profile has risen and its economic interests — and accompanyi­ng political clout — have spread from Asia to Africa, Latin America and the Middle East. Besides China’s clash with the Trump administra­tion, some Africans have protested what they say is an attempted Chinese takeover of their countries.

Trump increased tariffs Monday on $ 200 billion of Chinese goods. Beijing responded by imposing penalties on $60 billion of American products. That was on top of an earlier duty increase by both sides on $50 billion of each other’s goods.

The US says China steals or pressures foreign companies to hand over technology, and that Beijing’s plans for state-led developmen­t of global competitor­s in robotics and other technologi­es violate its market-opening obligation­s and might erode US industrial leadership.

Chinese Foreign MinisterWa­ng Yi says his country is committed to resolving disputes within the framework of the WTO. He said 'unilateral moves will bring damage to all'

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