China ready and able to counter US trade attack
The timely release of supportive policies to strengthen the protection of the legitimate rights and interests of the country's export-related enterprises and create a better investment environment shows that the Chinese authorities are expecting the maleficent actions of the United States to be both protracted and inexorable.
Two of the four measures announced by Ministry of Commerce on Monday are a direct response to mitigate the harm the US' economic aggression will do to Chinese enterprises and individuals. The other two are aimed at promoting the quality of economic development and strengthening the resilience of the Chinese economy.
The Chinese authorities know well that the trade pressure the US is applying is putting the squeeze on some Chinese enterprises and individuals, but they have no choice except to stand and fight since the Donald Trump administration has demonstrated by going back on its word in recent months that it lacks any sincerity in seeking to reach a negotiated solution.