The Chinese government has firmly rejected new U.S. trade restrictions targeting its maritime, logistics, and shipbuilding industries, calling the measures "unilateral and protectionist" in a strongly-worded statement from the Ministry of Commerce on Tuesday.
The dispute centers on Washington's use of Section 301 investigation findings to justify limitations that Chinese officials claim violate international trade rules. Analysts suggest the move could disrupt global supply chains, particularly in Asia where maritime logistics account for 80% of regional trade volume.
"These restrictions not only harm China's legitimate development rights but also threaten the stability of international industrial and supply chains," a ministry spokesperson stated, emphasizing China's commitment to "defending the multilateral trading system."
The development comes as Asian economies increasingly integrate through initiatives like the Regional Comprehensive Economic Partnership. Business leaders warn the trade friction could impact port operations, shipping routes, and manufacturing timelines across Southeast Asia.
While Beijing has not detailed specific countermeasures, observers note China's shipbuilding sector remains crucial to global trade, constructing 47% of the world's new vessels in 2023. The situation highlights growing tensions in US-China economic relations, with potential implications for investors monitoring Asia's $35 trillion maritime industry.
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China opposes U.S. curbs on maritime, logistics, shipbuilding sectors
cgtn.com