As trade dispute grows, China’s state media says Beijing should hit US so hard ‘it remembers the pain’
随着贸易争端的加剧，中国官方媒体称北京应该狠狠地打击美国，“让它记住痛苦”Communist Party mouthpiece People’s Daily says White House has ‘completely lost its sense of reality’
China’s state media has rallied against the United States, warning its trade protectionism actions would end in defeat and that the only option now was to hit the US hard enough so it would “remember the pain”.
“If the US says that it will pay any price, it must be firmly attacked,” Xinhua said on Saturday.
China warned on Friday it was ready with a “fierce counter strike” of fresh trade measures if Washington followed through on President Donald Trump’s threat to impose tariffs on an additional US$100 billion worth of Chinese goods.
US trade threats ‘raise risks for China’s industrial tech ambitions’
On Wednesday, China imposed US$3 billion worth of tariffs on US fruits, nuts, wine and pork, just hours after the Trump administration proposed duties on 1,300 Chinese industrial, technology, transport and medical products.
The rising trade tension between the world’s two largest economies follows a US finding that China was engaging in unfair trade practices in connection with intellectual property protection. China rejects the charge.
‘It has dealt us a heavy blow’ – China’s exporters count the costs of a higher yuan as trade war kicks off
China’s media, which is strictly controlled by the government, has come out in defence of the country, painting it as a victim of a too aggressive United States bent on taking illegitimate unilateral action.
“The White House has completely lost its sense of reality!” said the ruling Communist Party’s People’s Daily newspaper in a Friday commentary, alleging the US is acting unilaterally and engaging in trade protectionism.
Meanwhile, the nationalist Global Times said in an editorial published late on Thursday that the “Chinese are aware that the only option now is to hit the US hard enough so that it will remember the pain.”
[–]Timbershoe 393 points
The Whitehouse is clearly, demonstrably, fantastically unprepared for this.
Donald has surrounded himself with idiots, corruption and yes men. Literally his only business experience involves how to declare bankruptcy and dodge taxes.
China isn’t just laughing, they sense a real and validated reason to attack the US economy.
And our defence is a senile fool, who at his peak only excelled at spending daddy’s money to buy a building.
[–]fitzroy95 8 points
based on past experience, short term pain would make them find someone to blame and then lash out at and start a new shooting war against them. In this case, China (?).
Their stupid decisions of that type have a very long (and consistent) history.
[–]IBuildBusinesses 8 points
What happens if China retaliates by cutting back the amount of US treasury bonds they continue to buy? When the US runs a deficit the money they borrow comes from selling bonds and China has, iirc, been the biggest buyer for years. Who keeps lending money to the US when China stops? The other countries could never pick up enough of the slack. If China stopped buying US debt all together the global financial system would collapse.