Ministry of Commerce spokesman He Yadong said at a regular press conference held on the 20th that the US side's “Large-scale Transit Fraud: Rise, Scale, and Cost” ignores facts, reverses black and white, falsely refers to normal international trade and investment as a “scam,” and concocts false narratives of so-called “shadow transit networks.” This is a typical unilateralist and protectionist approach aimed at suppressing and blocking Chinese products. The Chinese side is strongly dissatisfied and resolutely opposed to this. He Yadong said that in fact, the US side's high differentiated tariffs are the root cause threatening the security of the global supply chain. The US side attributes domestic economic problems to external factors, and cannot solve America's own deep-seated problems. China demands that the US immediately stop making irresponsible accusations, stop the impact on Sino-US economic and trade relations, and effectively maintain the security and stability of the global production and supply chain. He Yadong said that China has always abided by international economic and trade rules and will continue to carry out economic and trade cooperation with all parties on the basis of equality and mutual benefit, and jointly build a “mutually beneficial and win-win trade network” to make positive contributions to global development and prosperity.

Ministry of Commerce spokesman He Yadong said at a regular press conference held on the 20th that the US side's “Large-scale Transit Fraud: Rise, Scale, and Cost” ignores facts, reverses black and white, falsely refers to normal international trade and investment as a “scam,” and concocts false narratives of so-called “shadow transit networks.” This is a typical unilateralist and protectionist approach aimed at suppressing and blocking Chinese products. The Chinese side is strongly dissatisfied and resolutely opposed to this. He Yadong said that in fact, the US side's high differentiated tariffs are the root cause threatening the security of the global supply chain. The US side attributes domestic economic problems to external factors, and cannot solve America's own deep-seated problems. China demands that the US immediately stop making irresponsible accusations, stop the impact on Sino-US economic and trade relations, and effectively maintain the security and stability of the global production and supply chain. He Yadong said that China has always abided by international economic and trade rules and will continue to carry out economic and trade cooperation with all parties on the basis of equality and mutual benefit, and jointly build a “mutually beneficial and win-win trade network” to make positive contributions to global development and prosperity.