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Home»Business»China Urges U.S. to Halt Weaponization of Economic Affairs
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China Urges U.S. to Halt Weaponization of Economic Affairs

News Xpress OnlineBy News Xpress OnlineFebruary 24, 2025Updated:March 10, 20253 Mins Read
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China Urges U.S. to Halt Weaponization of Economic Affairs
China Urges U.S. to Halt Weaponization of Economic Affairs
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China has strongly urged the United States to stop politicizing and weaponizing economic and trade relations. This call comes as the U.S. intensifies efforts to limit Chinese investments abroad under the “America First” policy. The Chinese Ministry of Commerce issued the statement after U.S. actions raised concerns over Chinese companies’ ability to invest in America.

China Responds to U.S. Economic Tensions

The U.S. government’s heightened scrutiny of its business ties with China, especially on security grounds, has sparked concern within Chinese corporate circles. The Ministry of Commerce stated that these actions would damage the confidence of Chinese companies already investing in the U.S. markets. This reaction follows the release of the America First Investment Policy, which designates China as one of the “adversaries” targeting U.S. businesses to secure access to advanced technologies and intellectual property.

The policy criticizes China for systematically directing and facilitating investments in U.S. firms and industries, particularly in sectors crucial to national security. Despite these tensions, President Trump had previously hinted at the possibility of a trade deal to prevent further escalation. However, the trade imbalance, with China holding a $295 billion surplus, continues to be a significant concern for Washington.

U.S. Treasury Secretary’s Strong Remarks on China

Treasury Secretary Scott Bessent recently made headlines, calling China the “most unbalanced economy in the history of the world” in an interview with Bloomberg TV. His comment reflects the growing unease in Washington over the economic power that China wields and the vast trade surplus it maintains with the U.S. This remark underscores the underlying tension in the ongoing trade dispute between the two nations.

China’s Response: Monitoring and Countermeasures

The Chinese government has made it clear that it will closely monitor U.S. actions and is prepared to take necessary measures to protect its legitimate rights and interests. A spokesperson from the Chinese Ministry of Commerce emphasized that China will not stand idly by if its economic sovereignty is compromised by U.S. restrictions.

Beijing’s Retaliation Measures

In retaliation to U.S. tariffs, Beijing has implemented its own countermeasures, including selective levies on American imports. Additionally, China has responded to Washington’s claims regarding fentanyl trade, labeling the accusations as a “pretext” for imposing unfair charges. The Chinese government asserts that these actions are politically motivated rather than based on factual evidence.

U.S. Restrictions on China’s Key Industries

In a separate statement, the Chinese Ministry of Commerce condemned the U.S. proposals to impose restrictive measures on China’s maritime, logistics, and shipbuilding industries. Beijing argues that these actions harm not only China but also global economic stability. The Chinese government urged the U.S. to respect international facts and multilateral rules, calling on Washington to “stop its wrongdoings” and de-escalate tensions.

As tensions between China and the U.S. continue to rise, both governments seem poised for a prolonged period of economic competition. China’s stance on defending its economic interests remains firm, and it will take appropriate action if it deems necessary. This ongoing conflict has the potential to reshape global trade dynamics and the future of U.S.-China relations.

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