• Contcat Us
Sunday, October 5, 2025
Nigeria Today
  • Home
  • News

    China And Nigeria Reaffirm Strategic Partnership at PRC’s 76th Anniversary Celebration

    Experts, Diplomats Discuss Global Governance Initiative at Abuja Seminar

    China Commissions 15th Chinese Corner in Abuja to Boost Cultural and Educational Exchange

    China Commissions New Chinese Corner in FCT School to Deepen Educational Ties with Nigeria

  • World

    Bangladesh prime minister resigns, flees country after deadly protests

    U.S Supreme Court disqualifies Trump from 2024 presidency

    Calling President Xi a dictator ‘absurd and irresponsible’, China tells Biden

    Biden and China’s Xi met for three hours. Here’s what they talked about

  • Nigeria

    NCSP DG Urges Legislative Action to Deepen Nigeria-China Economic Cooperation

    FG Abandons Lagos-Calabar Coastal Highway Route, Reverts to Original Alignment

    Chinese-constructed light rail helps ease traffic flow in Nigeria’s Lagos

    We’ll Work With President-Elect Tinubu On Economy, Security & Job Creation – Chinese Envoy

  • Politics

    APC Affirms One-China Principle, Lauds Nigeria-China Partnership

    China’s national legislature opens annual session in Beijing

    Key highlights of President Xi Jinping’s meeting with President Tinubu

    Gov Uba Sani Engages CCECC in Beijing to Boost Kaduna State Projects

  • Opinion

    My China Story: A Journey Through Beijing, Wuxi, and Qingdao

    Several Common Fallacies on the Taiwan Question

    Chinanization And Nigerianization Of An International Agenda: A Symphony Of President Xi And Tinubu In Global Governance Structuration

    Understanding President Xi’s Global Governance Initiative and its Impact on Africa and Nigeria

  • Sport

    2025 World Relays: Chinese Embassy Refutes Claims of Visa Delays for Nigerian Contingent

    Haopeng Cup: CGC Wins 2024 CGCCN Basketball League

    China wins 12 Olympic swimming medals in Paris, shrugs off doping row

    Chinese athletes ready to chase perfection in Paris 2024

  • Culture

    China & Nigeria Celebrate International Day for Dialogue Among Civilizations

    Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja

    China Marks 2025 International Chinese Language Day in Abuja

    Chinese Embassy in Nigeria Celebrates 2025 Spring Festival with Temple Fair

  • Videos
No Result
View All Result
  • Home
  • News

    China And Nigeria Reaffirm Strategic Partnership at PRC’s 76th Anniversary Celebration

    Experts, Diplomats Discuss Global Governance Initiative at Abuja Seminar

    China Commissions 15th Chinese Corner in Abuja to Boost Cultural and Educational Exchange

    China Commissions New Chinese Corner in FCT School to Deepen Educational Ties with Nigeria

  • World

    Bangladesh prime minister resigns, flees country after deadly protests

    U.S Supreme Court disqualifies Trump from 2024 presidency

    Calling President Xi a dictator ‘absurd and irresponsible’, China tells Biden

    Biden and China’s Xi met for three hours. Here’s what they talked about

  • Nigeria

    NCSP DG Urges Legislative Action to Deepen Nigeria-China Economic Cooperation

    FG Abandons Lagos-Calabar Coastal Highway Route, Reverts to Original Alignment

    Chinese-constructed light rail helps ease traffic flow in Nigeria’s Lagos

    We’ll Work With President-Elect Tinubu On Economy, Security & Job Creation – Chinese Envoy

  • Politics

    APC Affirms One-China Principle, Lauds Nigeria-China Partnership

    China’s national legislature opens annual session in Beijing

    Key highlights of President Xi Jinping’s meeting with President Tinubu

    Gov Uba Sani Engages CCECC in Beijing to Boost Kaduna State Projects

  • Opinion

    My China Story: A Journey Through Beijing, Wuxi, and Qingdao

    Several Common Fallacies on the Taiwan Question

    Chinanization And Nigerianization Of An International Agenda: A Symphony Of President Xi And Tinubu In Global Governance Structuration

    Understanding President Xi’s Global Governance Initiative and its Impact on Africa and Nigeria

  • Sport

    2025 World Relays: Chinese Embassy Refutes Claims of Visa Delays for Nigerian Contingent

    Haopeng Cup: CGC Wins 2024 CGCCN Basketball League

    China wins 12 Olympic swimming medals in Paris, shrugs off doping row

    Chinese athletes ready to chase perfection in Paris 2024

  • Culture

    China & Nigeria Celebrate International Day for Dialogue Among Civilizations

    Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja

    China Marks 2025 International Chinese Language Day in Abuja

    Chinese Embassy in Nigeria Celebrates 2025 Spring Festival with Temple Fair

  • Videos
No Result
View All Result
Nigeria Today
No Result
View All Result
Home News

China urges U.S. to abide by market principles, int’l trade rules

by Nigeria Today
June 6, 2024
Reading Time: 2 mins read
0
6
SHARES
6
VIEWS
Share on FacebookShare on Twitter

China urges the United States to earnestly abide by market principles and international trade rules, and create a sound environment for fair competition among enterprises from all countries, a Chinese foreign ministry spokesperson said on Thursday.

Spokesperson Mao Ning made the remarks at a daily news briefing when answering a query on report that U.S. President Joe Biden said China provides subsidies to flood the U.S. market with electric vehicles.

Mao said that China’s new energy products, including electric vehicles, are gaining popularity in the international market, relying on continuous technological innovation, sound industrial and supply chains, and sufficient market competition.

Their popularity is the result of the combined effect of comparative advantages and the laws of the market, and an outcome of the efforts of enterprises, instead of an outcome of so-called “subsidies,” she added.

Last year, China exported only 13,000 electric vehicles to the United States, Mao said, rebuking the claim of flooding the U.S. market.

Mao pointed out that industrial subsidy policies originate from the United States and Europe, and are widely adopted by countries around the world.

China’s industrial subsidy policies strictly adhere to the rules of the World Trade Organization (WTO), consistently upholding the principles of fairness, transparency and non-discrimination. They do not involve any prohibited subsidies as defined by the WTO, she said.

Calling the United States a big subsidizer of its industries, Mao said in recent years, the United States signed into law the CHIPS and Science Act and the Inflation Reduction Act to directly intervene in the allocation of market resources through direct and indirect subsidies totaling hundreds of billions of U.S. dollars.

Subsidies do not guarantee industrial competitiveness, and protectionism protects backwardness and sacrifices the future, Mao said.

Mao said the United States has adopted discriminatory measures against Chinese electric vehicles, which violates the WTO rules and disrupts the stability of the global industrial and supply chains, and will ultimately harm the interests of the United States, said Mao.

China urges the United States to earnestly abide by market principles and international trade rules, and create a sound environment for fair competition among enterprises from all countries, Mao said, adding that China will resolutely safeguard its legitimate rights and interests.

Tags: CHINAMarket PrinciplesU.S.

Related Posts

News

China And Nigeria Reaffirm Strategic Partnership at PRC’s 76th Anniversary Celebration

September 25, 2025
News

Experts, Diplomats Discuss Global Governance Initiative at Abuja Seminar

September 19, 2025
News

China Commissions 15th Chinese Corner in Abuja to Boost Cultural and Educational Exchange

September 18, 2025
News

China Commissions New Chinese Corner in FCT School to Deepen Educational Ties with Nigeria

September 16, 2025
News

China Donates Books to FCT Schools, Strengthens Educational Ties with Nigeria

September 11, 2025
News

WWII Anniversary: Expert Calls For Unity, Applauds China’s Role in World Peace 

August 30, 2025
Next Post

Nigeria holds Chinese language proficiency contest for college students

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Chinese Firm Not Involved In Shooting Of Immigration Officer – CGCCN

March 28, 2025

China Chamber of Commerce refutes media reports of alleged discrimination at Chinese Supermarket

April 22, 2024

FCT Schools win big at 2024 China-Nigeria Cultural Fiesta & Dancing Competition

November 7, 2024

China’s Independent Policy Of Peace And Friendly Cooperation

October 25, 2022

New Chinese Corner Inaugurated at FCT School

October 29, 2024

EDITOR'S PICK

China to promote trade-in programs, expand service consumption: Minister

March 6, 2024

Reps Committee Probes Alleged Abandonment of Nigerian Workers in CAR

July 30, 2025

We have taken our relationship with China very seriously – Tegbe

February 7, 2025

Understanding President Xi’s Global Governance Initiative and its Impact on Africa and Nigeria

September 8, 2025
Facebook Twitter Youtube Whatsapp

About

Nigeria Today is a platform dedicated to bringing you precise and accurate news and information about Nigeria.

Follow us

Categories

  • Africa
  • Art and life
  • Business
  • China
  • Culture
  • entertainment
  • Health
  • News
  • Nigeria
  • Opinion
  • Politics
  • POPULAR NEWS
  • Science
  • Sport
  • Tech
  • Travel
  • Uncategorized
  • Videos
  • World

Recent Posts

  • My China Story: A Journey Through Beijing, Wuxi, and Qingdao
  • Several Common Fallacies on the Taiwan Question
  • China, Nigeria Deepen Cultural Ties at Mid-Autumn Festival Celebration in Abuja
  • China to establish Africa’s first local insulin production facility in Nigeria

© 2022 Nigeria-Today - News & Magazine

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Politics
  • World
  • Nigeria
  • Opinion
  • Sport
  • Culture

© 2022 Nigeria-Today - News & Magazine