On Thursday, a spokesperson from China’s Ministry of Commerce called on the United States to respect the principles of a market economy and fair competition. The spokesperson stated, “The U.S. should truly respect the principles of a market economy and fair competition and stop unjustly suppressing foreign companies.”
The appeal comes amid escalating tensions between the two largest economies, with China emphasizing its commitment to safeguarding the legitimate rights and interests of its businesses. “China will take all necessary measures to safeguard its legitimate rights and interests,” the spokesperson added.
Analysts note that this statement reflects growing concerns over trade practices and regulatory actions that may affect international business relations. The call for fair treatment of foreign companies underscores the importance of cooperation and adherence to established economic principles in fostering global economic stability.
The international community is watching closely as these developments unfold, understanding that the actions of the U.S. and China have significant implications for global markets and economic policies.
Reference(s):
China urges U.S. to stop unjustly suppressing foreign companies
cgtn.com
