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  3. China opposes any deals between US, other nations at its expense

China opposes any deals between US, other nations at its expense

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  • Z This user is from outside of this forum
    Z This user is from outside of this forum
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    wrote last edited by
    #1

    China respects all parties resolving economic and trade differences with the United States through consultation on an equal footing, but it will firmly oppose any party striking a deal at China's expense, its Commerce Ministry said on Monday.

    China "will take countermeasures in a resolute and reciprocal manner" if any country sought such deals, a ministry spokesperson said, addressing news about the Trump administration preparing to pressure other countries to limit trade with China in exchange for tariff exemptions from the United States.

    https://archive.ph/at3uP

    darkassassin07@lemmy.caD 1 Reply Last reply
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    • Z [email protected]

      China respects all parties resolving economic and trade differences with the United States through consultation on an equal footing, but it will firmly oppose any party striking a deal at China's expense, its Commerce Ministry said on Monday.

      China "will take countermeasures in a resolute and reciprocal manner" if any country sought such deals, a ministry spokesperson said, addressing news about the Trump administration preparing to pressure other countries to limit trade with China in exchange for tariff exemptions from the United States.

      https://archive.ph/at3uP

      darkassassin07@lemmy.caD This user is from outside of this forum
      darkassassin07@lemmy.caD This user is from outside of this forum
      [email protected]
      wrote last edited by
      #2

      I too oppose deals being made at my expense...

      This seems like a goes-without-saying level of obvious position to take, no?

      M C 2 Replies Last reply
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      • darkassassin07@lemmy.caD [email protected]

        I too oppose deals being made at my expense...

        This seems like a goes-without-saying level of obvious position to take, no?

        M This user is from outside of this forum
        M This user is from outside of this forum
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        wrote last edited by
        #3

        I mean yes but also...

        China "will take countermeasures in a resolute and reciprocal manner" if any country sought such deals...

        It's one thing to just say you don't like something. It's another to say you're going to take a specific action as a direct result of them.

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        • darkassassin07@lemmy.caD [email protected]

          I too oppose deals being made at my expense...

          This seems like a goes-without-saying level of obvious position to take, no?

          C This user is from outside of this forum
          C This user is from outside of this forum
          [email protected]
          wrote last edited by
          #4

          It‘s about who bleeds out faster and that‘s definitely China. No matter how you put it the USA holds a much stronger hand in this. Tankies can cheer China on all they want but this will hit their economy very hard.

          Don‘t get me wrong it‘s a moronic dispute with no winners other than the occasional insider trading in the White House. And some say that‘s the point. However the way China handles this they just might be the biggest losers in the end. In order to save face, China risks losing everything.

          J 1 Reply Last reply
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          • C [email protected]

            It‘s about who bleeds out faster and that‘s definitely China. No matter how you put it the USA holds a much stronger hand in this. Tankies can cheer China on all they want but this will hit their economy very hard.

            Don‘t get me wrong it‘s a moronic dispute with no winners other than the occasional insider trading in the White House. And some say that‘s the point. However the way China handles this they just might be the biggest losers in the end. In order to save face, China risks losing everything.

            J This user is from outside of this forum
            J This user is from outside of this forum
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            wrote last edited by
            #5

            I'm not sure.

            We are here mainly because the business leaders sold out the core of our economy to enrich themselves thanks to cheap labor of an at the time backwards China. They had the hubris to think the workers replaceable but the leadership somehow magic.

            Now they increasingly see China business leadership clearly emerging as an independent force that puts pressure on them.

            They spent decades helping China gain independent capabilities and it's too late to claw that back

            About the only thing they are really hurt by are the export controls on chips and chip manufacturing technology, but they are getting there. Yes there's a crunch in their export business that will hurt, but it's easier to cope with that than just not having the facilities to build the stuff you want or the expansive labor force.

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