China hits back over US accusations
– China said yesterday it “cannot accept” Washington’s latest accusations of unfair trade practices as the two economic giants exchanged barbs ahead of a key meeting between their presidents later this month.
In an update to an earlier investigation into China’s trade practices, Washington on Tuesday accused Beijing of failing to
Beijing
change its “unfair” trade practices and said the country “appears to have taken further unreasonable actions in recent months”.
China’s commerce ministry blasted the new report in a regular scheduled press conference yesterday.
“The US carried out a so-called ‘update’ report, making new unwarranted accusations against China, which are completely groundless and disregard the facts. China cannot accept this,” said ministry spokesperson Gao Feng.
American authorities accuse China of seeking global industrial dominance in cutting-edge sectors like robotics and renewable energy through a variety of illicit means. –