American economic coercion is causing global harm. Economy | United States | Economy
Some American politicians are best at labeling and slandering other countries, and recently they have been vigorously promoting the so-called "China economic coercion theory". The United States forcefully labels China as "economic coercion" and encourages allies to encircle and contain China, reflecting its intention to create a "new cold war" in the economy. The United States is engaging in economic coercion, causing global harm.
Economic coercion has always been a standard feature in the US foreign policy toolbox. Relying on the hegemony of the US dollar, by cutting off the supply and trading channels of the US dollar to other countries, limiting the channels of US dollar financing and trading, and exerting pressure and sanctions on other countries; By using various trade control measures such as sanctions, import and export restrictions, and tariffs, the United States has established numerous trade control lists... Through practical actions, it has provided the world with numerous cases of economic coercion.
The United States is engaging in economic coercion, disrupting the process of economic globalization and regional economic integration. The economic coercion of the United States globally has led to the artificial division of the world economy, further fragmentation and fragmentation, resulting in a serious regression of economic globalization. Under the inaction and chaos of the United States, the World Trade Organization has been almost paralyzed, and the trend of global trade and investment liberalization and integration has been hindered and disrupted by the United States. The economic coercion of the United States not only undermines the global industrial and supply chains based on factor endowments and comparative advantages, but also increases global production costs and hinders the process of global economic recovery.
The United States is engaging in economic coercion, which damages the development capacity of developing countries and exacerbates the global development deficit. So far, the United States has imposed unilateral economic sanctions on nearly 40 countries around the world, affecting nearly half of the world's population. The economic sanctions and blockades imposed by the United States on developing countries such as Venezuela and Cuba directly interrupt the sustainable development process of these countries; Economic sanctions against BRICS countries such as China, Russia and India and emerging market countries such as Argentina, Mexico and Türkiye have seriously damaged the economic interests of these countries. Emerging market countries and developing countries are important forces driving global sustainable development. The actions of the United States violate the principles of market economy and fair competition, disrupt the international economic and trade order, and cast a shadow over the global development cause.
The United States is engaging in economic coercion, which goes against the trend of peaceful development. Looking at the world, the vast majority of countries hope to better achieve their own development in an open and inclusive international environment, rather than hoping that camp confrontation and protectionism will harm their legitimate development interests. Nowadays, China has deeply integrated with the world economy and international system, and is a major trading partner of more than 140 countries and regions. More than 120 countries and regions have trade with China exceeding their trade with the United States. China's development is an opportunity for the world. According to the International Monetary Fund, for every 1% increase in China's economy, economies associated with China will experience an additional 0.3% growth. Some American politicians attempting to encircle and suppress China are destined to be unrealistic fantasies.
As the initiator of economic coercion, the United States labeling China with malicious intentions. This kind of trick of thieves shouting to catch thieves is intended to demonize China and find excuses for containment and suppression of China. However, unlike in the past, the Cold War mentality and zero sum game have long been outdated. The United States attempting to act against the trend and harm the world to enrich itself will inevitably be despised and countered by the international community.
