China rebuffs US trade adviser’s ‘zero-sum’ comment

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China on Friday refuted the remarks made by Trump’s trade adviser who said China is in a "zero-sum game" with the rest of the world when it comes to trade.

Peter Navarro, one of Donald Trump's top trade advisers, said that it's a zero-sum game now between China and the rest of the world, and what the US needs to do is to work with the rest of the world to ensure prosperity and high stock markets.

Hua Chunying, China's Foreign Ministry spokesperson, said that US officials have recently made a lot of ridiculous remarks that distort the truth. Their needs to appease the uneasiness of their people caused by the US-initiated trade war is understandable, but everyone knows the truth.

First of all, China always calls for the abandonment of the Cold War mentality and zero-sum game. It can be seen in the idea of "Promoting the building of a community of shared destiny," which has been written into the Party Constitution and the Constitution of the People's Republic of China.

Second, thanks to China's fast-growing economy and huge consumer market, many US companies have earned a lot in the Chinese market. China is the largest consumer market for Apple and General Motors.

In 2017, the GM Group earned 13.33 billion yuan (1.97 billion US dollars) from its two joint ventures in China despite a global loss of 10.98 billion yuan (1.62 billion US dollars).

US company Qualcomm’s sales in China accounted for 58 percent of its total revenue.

iPhone 7. /VCG Photo

An iPhone 7 tags a minimum price of 649 US dollars, but the processing costs in China account for less than one percent.

Third, US unilateralism and protectionism are the biggest threat to today's international rules and the world economic order. A number of American citizens and US allies have made the above comments, rejecting the bullying behaviors of the US.

"As the largest country in the world today, the US should have a minimum sense of responsibility for policies, words and deeds, which should be conducive to the governance of the world rather than bring chaos," said Hua.