Current location:politics >>
U.S. leads world in economic coercion
politics8People 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.“Culture Clutch news portal”。http://unitedkingdom.spaceforanything.com/html-10c799927.html
Related articles
Four people killed in a house explosion in southwestern Missouri
politicsGOODHOPE, Mo. (AP) — Four people in rural Missouri died when an explosion that could be heard 10 mil ...
【politics】
Read moreKentucky spokeswoman: School is 'distressed' to hear of alleged sexual misconduct by ex
politicsLEXINGTON, Ky. (AP) — A Kentucky spokeswoman says the school is “distressed to hear disturbing alleg ...
【politics】
Read moreAustrian team Salzburg heading to the Club World Cup after Arsenal eliminated from Champions League
politicsMUNICH (AP) — Manchester City, Paris Saint-Germain, Real Madrid — and Salzburg.The Austrian team is ...
【politics】
Read more
Popular articles
- Children are evacuated from school 'during an exam' after threat made via email
- Despite security risks, plans to open Paris Olympics on River Seine remain unchanged and on track
- Lack of government experts sinking Lao energy and mines sector — Radio Free Asia
- Austrian team Salzburg heading to the Club World Cup after Arsenal eliminated from Champions League
- A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
- NFL draft sees trend of fewer early entrants since NIL policy change
Latest articles
Ben Whishaw lights up the Croisette as he joins his co
Scottie Scheffler had a quick Masters celebration. Now, it's time to get back to work
Skeletal remains found at home in Illinois identified as those of woman missing since 2008
Lawyers for Larry Nassar assault survivors reach $100M deal with DOJ, source says
Shooting injures 2 at Missouri high school graduation ceremony
Ethnic Mon groups announce anti
LINKS
- Man Who Respects Culture
- Wenzhou Organizes Family Related Activity
- Xi Calls for Meeting Challenges of the Times Together at G20 Summit
- Promoting Children's Healthy Growth
- China Focus: China Releases Measures to Optimize COVID
- Promoting Children's Healthy Growth
- Chinese Women's Health, Education Continue to Improve
- World Insights: China
- Xi Focus: 4 Key Takeaways from Xi's Diplomacy After CPC Congress
- Xi Meets Senegalese President Sall