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China With No Intention of Becoming Another United States

The top diplomat of China has called out the U.S. for trying to begin another Cold War between the two largest economies. And in the process, falling the world into chaos and division.

During an interview with state media Xinhua News Agency on Wednesday, Chinese State Councilor and Foreign Minister Wang Yi stated, “Today’s China is not the former Soviet Union.”

Also, Wang Yi mentioned that the country has no plans of ‘becoming another United States.’

Moreover, he claimed that China does not export ideology. And it never meddles in other countries’ internal affairs.

Then, they released the official English translation of the interview transcript on Xinhua’s website. The interview covered different flashpoints in the U.S-China relationship. And these include semi-autonomous Chinese territory Hong Kong, Chinese tech company Huawei, and the disputed South China Sea.

Some American officials have warned that China plans to replace the U.S. as the world’s dominant power. That kind of sentiment in the U.S. culminated in a series of recent speeches by top officials; The Secretary of State Mike Pompeo and national security advisor Robert O’Brien. Both of them called out China for its attempt to upending the global order.

On the other hand, China has frequently denied that it is keeping to replace the U.S. And in return, it accused Washington of trying to stop its ascent in the world.

According to Wang, the relationship between the U.S. and China are experiencing the gravest challenge since the establishment of diplomatic ties. Then, he blamed the u.S. for that deterioration.

He noted, “The root cause is that some American politicians who are biased against and hostile to China are using their power to smear China with fabrication and impede normal ties with China under various pretexts.”

 

The Two Countries

Furthermore, the contest between the United States and China has dominated much of global attention during the past several years. A couple of years ago, the two countries entered a damaging trade war. It resulted in slapping raised tariffs on each other’s products worthing hundreds of billions of dollars.

Then, tensions between the two spilled into the technology space as the U.S. accuses Huawei and TikTok ( a video sharing app owned by ByteDance) of threatening American national security. Washington attempted to pressure its allies to ban Huawei from their countries’ 5G networks.

Wang described the moves by the U.S. a textbook example of bullying and a violation of international rules of fair trade. Contrarily, he stressed that China is a firm defender of the global system.

 

Chinese Economy

Meanwhile, the dollar-denominated exports of China increased by 7.2% while imports dropped 1.4% from a year ago. Economists polled by Reuters had foreseen that the dollar-denominated exports declined by 0.2% from a year ago and the imports to increase 1% compared to last year.

Last June, the said exports of China posted a boost of 0.5% compared to a year ago, and imports surged 2.7% at the same time.

For July, China showed a trade surplus of $62.33 billion, surpassing the $42 billion economists had expected. Then, China’s trade surplus was $46.42 billion in June.

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