Current location:entertainment >>
U.S. leads world in economic coercion
entertainment56People have gathered around
Introduction(People's Daily Online) 16:42, August 11, 2023Cartoon by Ma Hongliang.The U.S. has initiated yet ano ...
Cartoon by Ma Hongliang.
The U.S. has initiated yet another baseless smear campaign against China, rallying several countries to accuse China of "economic coercion." This has been used as an excuse to take measures targeting China.
However, no country is more deserving of accusations of economic coercion than the U.S. The U.S. government has a well-established track record of engaging in economic coercion and abuse of long-arm jurisdiction.
Under the guise of strengthening national security, the U.S. passed the CHIPS and Science Act, prohibiting subsidized chipmakers from expanding chip production capacity in China for 10 years. Meanwhile, it has pressured its allies to restrict semiconductor exports to China, abused national power to unreasonably suppress Chinese companies like Huawei (thereby disrupting the free market), and leveraged its financial hegemony to arbitrarily impose sanctions against governments, companies, and individuals of other countries.
The U.S. is the No. 1 player in imposing economic coercion worldwide. It needs to address its actions that conflict with market economy principles and fair competition, actions that also damage the international economic and trade system, and threaten the stability of global industrial and supply chains.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gazetteer news portal”。http://panama.downmusic.org/content-10c799927.html
Related articles
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
entertainmentMANILA, Philippines (AP) — The Philippines blamed Chinese fishermen on Monday for a massive loss of ...
Read moreSki resorts in east China make full preparations during Spring Festival holiday
entertainmentPeople experience skiing at a ski resort in Qingdao, east China's Shandong Province, Jan. 25, 2023. ...
Read moreChina's Wang, Sun crowned at WTT Champions Macao 2022
entertainmentSun Yingsha hits a return during the all-Chinese women's singles final against Chen Xingtong at the ...
Read more
Popular articles
Latest articles
LINKS
- Researchers date living age of Liujiang Homo sapiens in south China
- Chinese scientists achieve breakthrough in combating plant cancer
- Chinese police probe over 40,000 IPR infringement cases in 2023
- 20th CPC Central Committee to hold its third plenary session in July
- China to establish national park at Qinghai Lake
- LPGA monitoring health issues after 10 players withdraw from Mizuho Americas Open
- Meyers, Peña homer as Astros beat Brewers 5
- 9 killed in northwest China's traffic accident
- Xi inspects southwest China's Chongqing Municipality
- China makes headway in addressing ship pollution on Yangtze River