Connect with us

China posts sassy message to US on Internet

China posts sassy message to US on Internet


China posts sassy message to US on Internet


President Trump loves to badger China on Twitter.

Now China is fighting back on its own social media platform.

The People’s Daily, a state newspaper for China’s Communist Party, posted a bright red message titled “This, is China’s attitude!” on its official WeChat account on Tuesday, one day after China announced it would retaliate against U.S. tariffs by imposing its own levies on U.S. goods.

“Negotiate, sure! Fight, anytime! Bully us, wishful thinking!” the graphic reads, with three statements in gold lettering printed on the red Chinese national flag and a picture of shipping containers in the background..

The Trump administration on last Friday raised tariffs on $200 billion in U.S. imports from China from 10% to 25%. In response, China said Monday that it would raise tariffs on $60 billion of American goods from a range of 5% to 10% to as much as 25%. Around 5,200 U.S. products will be affected, including hardwoods, soybeans, fruit, make-up and natural gas.

Meanwhile, the Dow Jones industrial average and Standard & Poor’s 500 on Monday had their worst day since January 3 because of the trade friction.

“China’s decision to raise tariffs and US stocks’ fall have inspired Chinese society.” Hu Xijin, editor-in-chief of the Global Times, a state newspaper with Chinese and English editions, said on Twitter on Tuesday.

There are mainstream voices in China that say the trade war is a U.S. tool to contain China’s rise. Chinese news outlets, which are tightly controlled by the ruling Communist Party, often aim this sort of criticism at the U.S. to arouse national pride and relieve the pain caused by the tariff fight.

“In the great process of realizing national rejuvenation, there will inevitably be difficulties and obstacles. The US-sponsored trade war with China is just a hurdle in China’s development process,” an anchor said on Monday on China Central Television..  

The move to hike tariffs would reduce growth in U.S. gross domestic product by 0.3% in 2020, while curbing China’s output by 0.8%, according to Gregory Daco, chief U.S. economist at Oxford Economics.

More: Who gets hurt by China’s new tariffs on American goods? Farmers and chemical makers

More: Dow stock swings are exhausting, but here’s how to survive

More: How the trade war with China could hit you: Higher prices, lost jobs and falling stocks

China’s Premier Li Keqiang on Monday called for more efforts to boost jobs, noting that the country could face layoffs.

“No one wins trade wars, not even the bystanders.” Daco wrote in his report.  

On Weibo, a social media site, a Chinese citizen with the user name Ga456ong said he’s prepared for tough times. “It doesn’t matter,” he wrote. “I can eat grass for the whole year.”



Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published.


To Top
error: Content is protected !!