“If the US is not happy, if it depends on restraining and containing China, we have no choice but to play to the end,” Foreign Minister Wang Yi told officials at the Munich Security Council on February 14th. . Bloomberg reported that it had responded decisively to unilateral bullying practices in the United States.
The Trump administration imposed a 10% tariff on his second term during the Chinese era. Beijing retaliated by targeting several American companies, slamming taxes on some US goods and carrying out export controls on some critical metals.
Still, the Wang attempted to take a longer view of his relationship with the United States, expressing his confidence that Beijing and Washington will remain longer involved in the future. “We need to strengthen exchanges to increase understanding and build trust,” he said.
Chinese authorities are trying to balance actions that could reduce the economy with demonstrating that they have the capacity to respond to our movements. At the same time, they are trying to strengthen growth, and domestic demand remains weak and is currently under threat.
SD/