In Response To The US Release Of The China 301 Survey Tax Product Proposal List

- Apr 10, 2018 -

In response to the US release of the China 301 survey tax product proposal list, Ministry of Foreign Affairs spokesperson Lu Yong stressed that the US side has no basis on facts and publish tax proposals, which is typical of unilateralism and trade protectionism. China strongly condemns and firmly opposes it. This move by the United States ignores the essence of the mutually beneficial and win-win outcomes of Sino-U.S. economic and trade cooperation over the past 40 years, disregards the voices of the industry in both countries and the interests of consumers, is not conducive to the national interests of the United States, is detrimental to China’s national interests, and is not conducive to global economic interests. The US approach has seriously violated the basic principles and spirit of the WTO, and China will immediately resort to the US side's mistaken approach to the WTO dispute settlement mechanism.

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