CHINESE Foreign Minister Wang Yi mocked President Joe Biden's economic framework for failing to lower tariffs, reports Bloomberg.
'The so-called Indo-Pacific Economic Framework (IPEF) recently rolled out by the US claims to build a free, open, and inclusive new order, but how can any economic frame call itself free if it doesn't lower tariffs?' Mr Wang said.
'How can it be called inclusive if it purposefully excludes China, the largest market in the region and in the world?'
Fiji last week became the 14th country and the first Pacific Island nation to join the IPEF.
china failed to get 10 Pacific Island nations on board with a sweeping trade and security deal during a summit attended by Mr Wang in Fiji.
'The US is attempting to politicise and weaponise economic affairs, and even treat the matter ideologically,' said Mr Wang.
'Such a practice violates basic norms of economics. It is putting shackles on the free market.'
SeaNews Turkey
'The so-called Indo-Pacific Economic Framework (IPEF) recently rolled out by the US claims to build a free, open, and inclusive new order, but how can any economic frame call itself free if it doesn't lower tariffs?' Mr Wang said.
'How can it be called inclusive if it purposefully excludes China, the largest market in the region and in the world?'
Fiji last week became the 14th country and the first Pacific Island nation to join the IPEF.
china failed to get 10 Pacific Island nations on board with a sweeping trade and security deal during a summit attended by Mr Wang in Fiji.
'The US is attempting to politicise and weaponise economic affairs, and even treat the matter ideologically,' said Mr Wang.
'Such a practice violates basic norms of economics. It is putting shackles on the free market.'
SeaNews Turkey