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China mocks Biden’s economic pact for failing to lower tariffs

2 years ago 192

Chinese Foreign Minister Wang Yi accuses Washington of attempting to ‘politicise and weaponise economic affairs’.

Chinese Foreign Minister Wang Yi mocked President Joe Biden’s wide-ranging economic framework for failing to lower tariffs, in some of the strongest criticism yet of the US plan to counter Beijing’s influence in Asia.

“The so-called Indo-Pacific Economic Framework recently rolled out by the US claims to build a free, open, and inclusive new order, but how can any economic frame call itself free if it doesn’t lower tariffs?” Wang said Monday during a visit to Fiji, according to a statement posted on the Foreign Ministry’s website.

“How can it be called inclusive if it purposefully excludes China, the largest market in the region and in the world?”

It wasn’t clear under what circumstances Wang made the comments...

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