For the expansion of rare-earth export control measures introduced by our country after the National Day holiday, the U.S. Western world has begun to show a dummy impulsive momentum, which is not good.
Just after the Netherlands took action on Anshi Semiconductor, a subsidiary of our country's enterprise Wentai Technology, the United Kingdom, the European Union and the WTO also attacked our country. It is not simple.
First is England.
It is reported that a few days ago, the British government announced sanctions against 11 Chinese entities and related individuals on the grounds of supporting Russian energy entities and providing key items to the Russian military industry.
Britain did so, behind it is very likely to be encouraged by the United States, after all, the United States refers to the east, and Britain absolutely does not dare to west.
With regard to such actions, the spokesman of the British Embassy in the UK has made it clear that the relevant British sanctions against China, without the basis of international law, have damaged the legitimate rights and interests of the Chinese enterprise, urging the UK to immediately correct the mistake, withdraw the relevant sanctions, otherwise it will face a firm response from the Chinese side.
My spokesman for the embassy in the UK said this, it is the front-war soldier, telling the UK, withdraw the relevant sanctions, there are still talks between China and Britain, otherwise the Chinese counter-reaction will come.
After Britain, the European Union also attacked our country.
According to U.S. media reports, recently the EU will consider the implementation of new measures against China, one of the specifics is that if Chinese enterprises want to operate within the EU territory, they must transfer technology to European companies, strengthen the competitiveness of European related industries, this measure is expected to be launched in November this year.
In doing so, the EU requires China to forcibly transfer technology, which shows the fact that Europe's leading advantage has disappeared. Now, when Europe has lagged behind China's technological innovation, it can only rely on administrative orders to maintain its decency, and it has to flaunt free trade on the surface. How ironic it is.
In this regard, we want to say that the European Union may be afraid to ignore a little bit, if the European Union landed on China's new rules, and look forward to the hard-working investment environment in Europe, will be hit devastatingly, and global capital will only vote with their feet, away from this place where we don't talk about morality.
After the European Union, the World Trade Organization has also made it difficult for our country.
Georgiyeva, president of the International Monetary Fund, said that China must re-balance its economic growth model and shift to domestic demand.
After that, IMF chief economist Gulenchass said that the WTO has long advised Chinese authorities to re-balance the economic structure and switch to sustainable domestic demand-driven.China is still producing large amounts of manufactured products for export, but the prices of these commodities are at risk of falling, which indicates that the market absorption capacity for these products is limited, and China's export growth engine is "stopping".
It is clear that the WTO is putting pressure on our country, so that our economy must turn to meet domestic market demand, which is probably too absolute.At the moment, the development of our economy to boost domestic consumption is necessary, but this does not mean that our country must sacrifice the interests of economic and trade exports, does not mean that other countries can make market barriers to Chinese goods.
In this regard, we would like to say that the WTO may have ignored one point. In the past September, China's exports to the EU, Southeast Asia and Africa increased by 14%, 15.6% and 56.4% respectively. Is this because the export growth engine of Hong Kong is stalling? Obviously not. The United States and the West do not represent the whole world. China's economic development has the final say!