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Hyping China's overcapacity, the United States promotes an investigation, and China counterattacks?

author:Cosmos Beacon Line

U.S. Treasury Secretary Janet Yellen has repeatedly played up the so-called "overcapacity" in China in public, and now the U.S. media is actively cooperating with the Biden administration's strategy and constantly hyping up Chinese products as too cheap, thus directly hurting U.S. companies. At the same time as the U.S. hype, the U.S. Trade Representative has pushed for the so-called "Section 301 Special Provisions" investigation to determine China's "overcapacity", and now the U.S. intention has been very clear, that is, to impose special tariffs on China-related products in the future, so as to weaken the competitiveness of Chinese companies. Now the United States is no longer looking for its own reasons, but trying to maintain its existing competitiveness by encircling and containing China.

Hyping China's overcapacity, the United States promotes an investigation, and China counterattacks?

Recently, U.S. civil aviation transport companies have openly tried to prevent the United States from expanding the scale of Sino-US routes, because American airlines cannot pass through Russian airspace, so they cannot compete with Chinese companies in terms of operating costs. Now there is a big gap between flights between China and the United States from the scale of 2019, after the outbreak of the Ukraine crisis, the United States imposed sanctions on Russia, so that Russia banned Western civil airliners from entering Russian airspace, thus causing the cost of air routes for Western countries to surge, and now American companies have used this reason to prevent the expansion of China-US routes.

Hyping China's overcapacity, the United States promotes an investigation, and China counterattacks?

At the time of China's rise, the United States was in a long-term recession, but the United States was still gambling heavily and trying to maintain the United States from continuing to exploit the world through various measures. The United States is already in a panic about China's rise, so now the United States has pushed forward an investigation into the so-called "unfair competition" in China's shipping, ships and maritime fields. In fact, the United States is no longer China's largest export market, and the United States has adopted a high-minded posture in an attempt to force China to make concessions through a high-pressure posture against China, in fact, the United States is overestimating its own capabilities.

Hyping China's overcapacity, the United States promotes an investigation, and China counterattacks?

At a time when the United States is aggressively pushing for a trade investigation into China, China has already made a counterattack, and China's Ministry of Commerce issued an announcement on April 19 that it has determined that propionic acid exported by the United States has been dumped, and has taken countermeasures against related products from the United States. According to the information released by the Ministry of Commerce, if the United States wants to export Chinese propionic acid products, it needs to pay a corresponding deposit to China to ensure that it will not dump in the Chinese market. While the United States is accusing Chinese products of being too cheap, the United States is dumping them in the field of chemical products to China, thus trying to impact China's chemical industry chain.

Hyping China's overcapacity, the United States promotes an investigation, and China counterattacks?

In fact, China has many countermeasures against the United States, and if the United States imposes special tariffs on Chinese products, China can also reciprocate the products exported by the United States. The trade war launched by the United States in 2018 proved to be a failure, as the United States itself provided exemptions for many Chinese imports, highlighting the nature of the United States' weakness. After the United States entered an election year, the United States tried to use the tariff issue again to build momentum for the election, revealing that the United States actually does not have many tricks.

Hyping China's overcapacity, the United States promotes an investigation, and China counterattacks?

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