Tuesday, 02 January 2024 12:17 GMT

China Rejects US Overcapacity Claims as Political Pretext


(MENAFN) China has firmly opposed what it describes as U.S. attempts to use the issue of “overcapacity” as a cover for political manipulation, according to reports.

A foreign ministry spokesperson stated that China disagrees with the United States launching trade investigations against multiple trading partners, including China, under this pretext.

The spokesperson emphasized that China's position on economic and trade matters with the United States is consistent and clear and reiterated that China is against unilateral tariff measures of any form, as stated by reports.

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