U.S. Launches Section 301 Investigation into China's Shipbuilding Industry
China condemns the U.S. probe as politically motivated, asserting that the allegations lack factual basis and contradict WTO rulings.
- The U.S. Trade Representative initiated the investigation following allegations of non-market practices by China in its maritime, logistics, and shipbuilding sectors.
- China's Ministry of Commerce denounces the investigation, claiming it misinterprets normal trade activities and unfairly targets Chinese industries.
- The probe is part of broader tensions, with China urging the U.S. to adhere to multilateral trade rules and end its 'erroneous actions.'
- China highlights its technological innovations and market competition as the basis for its industrial development, contrasting U.S. claims.
- The investigation could escalate trade tensions, impacting international relations and economic policies.