China’s retaliation against US shows depth of its trade war strategy, analysts say
China has implemented new export controls and sanctions against US companies in retaliation for recent American trade restrictions. Analysts suggest this move demonstrates Beijing's expanding economic toolkit and a more aggressive stance in the ongoing US-China trade war.
Why it matters
Escalating trade tensions between the world's two largest economies threaten global supply chains and international market stability.
China’s latest export controls and sanctions against American companies in response to recent US measures underscore Beijing’s expanding economic toolkit and its growing willingness to deploy it, according to analysts.
“The multiple actions that China undertook underscore the breadth and depth of China’s retaliatory toolbox,” said Wendy Cutler, the senior vice-president at the Asia Society Policy Institute.
She added that Beijing’s latest response stood in “sharp contrast” to its “ability and willingness” to retaliate during US President Donald Trump’s first term.
The Chinese Ministry of Commerce on Wednesday announced a series of retaliatory measures, including tighter export controls on drones and related technologies, sanctions against seven US companies, and the launch of its first foreign trade-related national security investigation.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in