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The editor of China’s state-run Global Times responded to U.S. President Donald Trump’s “order” for American companies to “immediately start looking for an alternative to China” on Friday by promising the U.S. side of the trade war will “feel the pain” from Chinese retaliation.
President Trump said on Friday morning via Twitter, “We don’t need China and, frankly, would be far better off without them.”
Amounts - Money - China - United - States
“The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP,” Trump declared. “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”
Global Times editor Hu Xijin predicted the American economy would be devastated by China’s retaliatory tariffs.
Editorial - Global - Times - American - Hubris
An editorial at the Global Times raged against American “hubris” and “neo-mercantilism,” portraying the trade dispute as part of an all-out war waged by a belligerent Trump administration against the rising globalist superpower of China.
As always, the Chinese pretended they have no idea why the U.S. is mad at them, and saw no honest grounds for criticizing Beijing’s activities in places such as Hong Kong or Xinjiang province, home of the oppressed Uighur Muslims. According to the Global Times:
Sanctions - Companies - Bans - Sale - Components
Sanctions on leading Chinese high-tech companies, with various bans on the sale of American components; all kinds of pressures against the Chinese 5G and related bilateral agreements around the world; support and provocations on Taiwan and Hong Kong affairs, which are China’s internal affairs, where documented US interference (not today) is intolerable for China.
Going forward: criticism on China’s Xinjiang’s anti-terrorism and anti-extremism measures is build up on information manipulation; attempts to widen the field to currency competition, the re-emerging ones’ accusations of currency manipulation were not valid years ago, and...
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The beatings will continue until moral improves.