BEIJING: Chinese Ambassador to the United States Xie Feng said China firmly opposes tariff war or trade war of any form, and will take resolute countermeasures against any imposed on the country.
Speaking at the Traditional Chinese Medicine Culture Open Day, Xie called for drawing inspiration from traditional Chinese medicine (TCM) to address the challenges of the time. Citing an ancient Chinese saying that “the greatest physicians save a country and the second greatest save individuals,” Xie said the Chinese civilization advocates promoting the common good of the entire world and benefiting each human being. “China firmly opposes tariff war or trade war of any form. This is not only to safeguard our own national interests and dignity, but also to champion the international economic and trade order, fairness and justice,” he said.
“If any country insists on imposing tariff war or trade war on us, we will definitely face it fearlessly and take resolute countermeasures,” he added. TCM emphasizes addressing both the symptoms and root causes and strengthening the foundation while nourishing the source, which offers useful references for moving beyond tariff war and trade war, said Xie. He said, TCM holds that to treat a disease, it is crucial to identify its root cause, face the problem squarely and take the right medicine, instead of only tackling the symptoms or even imposing prescriptions on others for one’s own illness.
“Likewise, the main reason why global growth has hit a bottleneck is its lack of momentum. So instead of fighting over the existing turf, a wiser solution will be making the pie bigger from a long-term perspective,” he said.
If global industrial and supply chains are blocked, countries would face a supply shortage and soaring prices, which would eventually hurt everyone’s wellbeing, he said. “The fundamental way out is to ensure the smooth flow of world economy so as to keep it robust and vibrant.” –The Daily Mail-China Daily news exchange item
