U.S. underestimates China’s resolve, capability to take countermeasures
By Zhong
Sheng
The recent
U.S. decision to further increase tariffs on Chinese goods severely violates
the consensus reached by the two countries’ top leaders and damages the
interests of both countries.
The
tariff threat is a total lose-lose decision that disrupts global industrial and
supply chains, and impedes the growth of international trade and world economy.
Even so,
some “naïve” U.S. politicians are still thinking that China would not take
countermeasures and raise tariffs on American products. But such “naivety” only
revealed their misjudgement of the current situation, especially the
underestimation of China’s resolve and capability to fight back.
In the
face of continuous extreme pressure from the U.S., China has
always stayed rational and exercised restraint. Resolving to safeguard its core
interests and the fundamental interests of its people, China will never
compromise on major issues of principle. The country is determined to counter
any provocation and has the capability to fight to the end.
In
response to U.S. threats, China successively increased tariffs on part of U.S. imports
starting from June 1 this year, announced the establishment of an “unreliable
entities list”, issued warnings for Chinese tourists and students traveling to
and seeking to study in the US and suspended purchases of U.S. agricultural
products. The third round of Chinese countermeasures against the U.S. is also
on the way.
What
China has done indicated that the country suits its actions to its words.
Anybody’s attempt to force China into accepting unreasonable demands will eventually
fail.
Obsessed
with hegemony, some U.S. politicians have a huge appetite to grab all the
benefits of the world in total disregard of the legitimate rights and interests
of developing countries.
Jeffrey Sachs, professor of
economics at Columbia University pointed out that the unilateral policies of
the U.S. impact global economy on multiple levels, and everyone is paying a
price for such policies, as they undermine global cooperation and increase the
risk of conflicts.
The
unilateral and bullying practices of the U.S. have seriously trampled on
international equity, posing a grave threat to the rule-based international
order and multilateral trading system.
By
taking resolute and effective countermeasures, China is safeguarding both the
interests of itself and the common interests of the people around the world.
China's
position is consistent and clear that trade wars produce no winners. China does
not want a trade war, but it is not afraid of one, and it will fight one if
necessary.
Anyone
who clings obstinately to the wrong path and underestimates China’s resolve and
capability to take countermeasures will finally bow to the iron will of the
Chinese people and pay a price.
(Zhong
Sheng is a pen name often used by People's Daily to express its views on
foreign policy.)
U.S. underestimates China’s resolve, capability to take countermeasures
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