Posted: 18.05.2022 09:43:00

China accuses US of abusing state power in foreign trade

Chinese authorities have criticised the United States for its plans to tighten penalties for violators of export control rules to Russia and China – as stated by the Chinese Foreign Ministry spokesman, Wang Wenbin, TASS reports


The Chinese diplomat noted that Washington ‘abuses the power of the state apparatus’ to exert unjustified pressure on enterprises and states. “Such methods on the part of America contradict the principles of the market economy and violate the generally accepted rules of international trade," Mr. Wenbin said.

The Chinese Foreign Ministry spokesman explained that the United States intentionally undermines global supply chains. “The US harms others and thereby harms itself," he concluded.