The United States' tariff proposals on imported steel have the risk of triggering a chain effect and spreading protectionism across the world, a spokesperson for the Chinese Ministry of Commerce said Thursday. "The bad practices of the United States are like opening Pandora's box," spokesperson Gao Feng said, when asked to comment on the trade remedy measures or investigations recently taken by the European Union and Japan. Excess production capacity is a global issue and therefore needs all countries work together, Gao said. "The solution is not to close doors, but to open them, deepen cooperation, and make use of respective advantages to increase common interests," he stressed. More: China has confidence to cope with any form of protectionist acts: MOC China's Ministry of Commerce (MOC) said Thursday that China is confident it will be able to react against any form of trade or investment protectionist act. Gao Feng, spokesperson for the MOC, made the remarks in response to a question about how China would be effected by the U.S. government plan to slap tariffs on about 50 billion U.S. dollars of Chinese imports and restrict Chinese investment. China urges U.S. to tackle trade frictions through dialogue China on Thursday urged the United States to abandon unilateralism and protectionism, and resort to dialogue and consultation to handle the disagreements. Gao Feng, spokesman with China's Ministry of Commerce (MOC) made the remarks in the wake of the U.S. decision to lengthen the days for public to comment on its imposed tariffs on Chinese goods from 30 days to 60 days. China sticks to opening-up policy more firmly: MOC China's Ministry of Commerce (MOC) said on Thursday that external pressure will not change China's resolution and confidence in opening up. "China will stick to its opening-up policy more firmly without being affected by external pressure," said MOC spokesman Gao Feng at a press briefing.
|