Washington, Sept. 7 (Reuters) - as the U.S. general election approaches, President trump on Monday once again proposed the idea of decoupling the U.S. and China's economies, suggesting that the U.S. will not lose money if the world's two largest economies stop doing business.
"You mention the word decoupling, which is very interesting," trump said at a White House Labor Day news conference He vowed to transfer jobs from China to the United States.
"We lost billions of dollars," trump said. If we didn't do business with them, we wouldn't have lost so many dollars. This is called decoupling, so you have to start thinking about it. "
Trump vowed in the future that his government would ban federal contracts with companies that outsource business to China, the report said.
"We will make the United States a global manufacturing superpower and end its dependence on China forever," trump said. Whether it's decoupling or imposing huge tariffs on China, as I've always done, we're going to end our dependence on China, because we can't rely on China. "
"We will bring jobs back from China to the United States, and we will impose tariffs on companies that leave the United States to create jobs in China and other countries," he added
The report pointed out that other officials and analysts said that the two countries' economies are intertwined, so such a move would be unwise.
According to the website of the Ministry of foreign affairs, foreign ministry spokesman Zhao Lijian stressed three points in answering questions about the decoupling between China and the United States
First, over the past 40 years since the establishment of diplomatic relations between China and the United States, despite the ups and downs in their relations, both sides have been able to proceed from history and the overall situation, manage conflicts and differences, properly handle sensitive issues, and maintain the overall stable development momentum of Sino US relations. China US cooperation is mutually beneficial, not one-way. Since the establishment of diplomatic relations between China and the United States, pragmatic cooperation in various fields has been constantly expanding, which has brought great benefits to both countries and their people, and the United States has also benefited greatly from it. The essence of the fallacies about China, such as the "loss theory" and "gift theory" put forward by some American politicians, is to exaggerate the "China Threat Theory" out of ideological prejudice, and advocate the cold war and zero sum game thinking. It is neither in line with the facts nor respect the history, which is totally reversing the history.
Second, the development of China and the United States is not an either or relationship. There is no need to exclude each other. We can borrow from each other and achieve mutual success. China and the United States should promote the development of bilateral relations through cooperation rather than "decoupling", and shoulder their due responsibilities for the world. Globalization is the reality of our times and the direction of human social progress. Especially in the "post epidemic" period, all countries have the task and need to resume work and production, resume normal economic operation, and maintain the stability of domestic industrial chain supply chain. In this process, no country can be alone. Only by "helping each other" can countries "ride the storm"; only by helping each other can we overcome the difficulties. If we try to solve the problems we are facing by "decoupling", we can only seek fish from wood and drink poison to quench thirst, which will further damage the interests of domestic enterprises and the public.
Third, China's policy stance on the development of Sino US relations is consistent, maintaining a high degree of stability and continuity. At the same time, we are well prepared for the Sino US relations to climb over the barriers and experience the storm. We urge some U.S. politicians to correct their mistakes, return to rationality, correctly treat and handle Sino US relations, stop damaging China's interests, smear and attack China, and push Sino US relations back on track at an early date.