INSUBCONTINENT EXCLUSIVE:
China has actually revealed strong opposition to the United States measures following its examination into Chinas maritime, logistics and
shipbuilding sectors.China has repeatedly reaffirmed its views on the Section 301 examination and provided the non-paper on its position,
advising the United States to stop blaming China for its domestic commercial problems, stated a spokesperson for Chinas Ministry of Commerce
on Friday.As a typical act of unilateralism and protectionism, the procedures badly damage the legitimate rights and interests of Chinese
business, gravely interrupt the stability of global industrial and supply chains, blatantly break WTO guidelines, and fundamentally weaken
the rules-based multilateral trading system and global economic and trade order, the representative stressed.China advised the United States
to respect the truths and multilateral rules and stop its misbehavior, the representative said, noting that China will closely monitor
United States actions and resolutely take required procedures to protect its legitimate rights and interests.Three Chinese industrial
associations have actually likewise voiced strong opposition to the limiting measures enforced by the United States.The United States move
will seriously undermine the interests of logistics service providers, ship and freight owners, importers and exporters, and customers in
both countries, damaging China-United States economic and trade exchange, the China Federation of Logistics - Purchasing stated in a
statement on Saturday.The relocation is likely to raise international logistics costs, weaken the stability of international industrial and
supply chains, and threaten global economic development, the federation said.It prompted its members, together with global peers in the
logistics, acquiring and supply chain markets, to reinforce cooperation to protect the stability and smooth operations of worldwide
commercial and supply chains in the face of the challenges positioned by United States trade protectionism.Echoing the federations remarks,
the China Association of the National Shipbuilding Industry said that the United States measures are based upon false accusations and flawed
examinations, calling them an unjustified attack on Chinas shipbuilding industry and a blatant violation of international trade
rules.The association warned that instead of reviving the United States shipbuilding market, such procedures will likely increase global
shipping costs and additional exacerbate inflationary pressures in the United States ultimately damaging the incomes of the American
people.Moreover, the China Shipowners Association stressed the critical function that Chinese shipowners play in keeping the smooth
operations of the worldwide supply chain.It kept in mind that Chinese shipping business adhere strictly to international trade standards and
have actually consistently offered steady and dependable logistics services to support worldwide trade, consisting of trade with the United
States.It said that the United States ought to stop its politically driven examinations and inequitable procedures to prevent bringing
further damage to the worldwide maritime, logistics and shipbuilding sectors.(With input from Xinhua)
