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China asks U.S. to create conditions for fair auto industry competition

China’s Ministry of Commerce has called on the United States to create conditions for fair competition in the auto industry.

• February 29, 2024
Joe Biden and Xi Jingping
Joe Biden and Xi Jingping

China’s Ministry of Commerce has called on the United States to create conditions for fair competition in the auto industry.

The Alliance for American Manufacturing recently urged the U.S. government to take measures to block the import of low-cost Chinese automobiles from Mexico.

MOC spokesperson He Yadong, in response to this matter at a press conference, said that China hoped the U.S. side would respect the market economy and principles of fair competition.

He said it should also correct its non-market policies and practices.

“Chinese cars are widely popular around the world, not because of low prices and dumping, but because of technological innovation and excellent quality formed in fierce market competition,” he said.

He added that in recent years, the United States has set up numerous obstacles in the form of tariffs, restricting participation in government procurement, and discriminatory subsidy policies.

“That has seriously hindered Chinese cars from entering the U.S. market. In contrast, China has always opened its door to global auto companies, and U.S. auto companies have fully enjoyed the dividends of China’s large market.

“In fact, the sales of American brand cars in China far exceed the sales of Chinese brand cars in the United States,” the spokesperson said.

He added that the U.S. trade protection, politicisation of economic and trade issues, and erection of trade barriers have hindered fair competition and, in the long run, will also hinder the development of its auto industry.

(Xinhua/NAN)

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