China urges G7 not to be accomplice to economic coercion

CCTV: People familiar with the matter have told the media that G7 member states will announce joint actions to respond to economic coercion so as to send a message to China. What’s China’s comment?  Wang Wenbin: If any country should be criticized for economic coercion, it should be the United States. The US has been overstretching the concept of national security, abusing export control and taking discriminatory and unfair measures against foreign companies. This seriously violates the principles of market economy and fair competition. According to media reports, US government sanctions designations soared by 933% between 2000 and 2021. The Trump administration alone imposed more than 3,900 sanctions, or three per day on average within four years. More than 9,400 sanctions designations had come into effect in the US by fiscal year 2021. The US has slapped unilateral economic sanctions on nearly 40 countries, affecting nearly half of the world’s population. Not even G7 members have been spared from US economic coercion and bullying. Companies such as Toshiba from Japan, Siemens from Germany and Alstom from France, were all victims of US suppression. If the G7 Summit is to discuss response to economic coercion, perhaps it should first discuss what the US has done. As the G7 host, would Japan express some of those concerns to the US on behalf of the rest of the group who have been bullied by the US? Or at least speak a few words of the truth? Instead of a perpetrator, China is a victim of US economic coercion. We have been firmly opposed to economic coercion by any country in the world and urge the G7 to embrace the trend of openness and inclusiveness in the world, stop forming exclusive blocs and not become complicit in any economic coercion. __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What’s up today in Shanghai, the most updated news of the city ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them ■ What Chinese people’s lives are like during the post COVID-19 period ■ Views of foreign scholars on China and its affairs ■ Foreign faces in Shanghai, people living in this city sharing their true feelings ■ Mini-docs showing why China is the country it is today __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!