America is scared of China's industrial manufacturing capacity, said - it is a threat to workers and industries around the world

USA: US Secretary of International Affairs J Shambag said that 'the imbalance created by China in manufacturing and its non-market policies have had a bad effect on workers and industries not only in America but all over the world.'

Jul 11, 2024 - 13:11
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America is scared of China's industrial manufacturing capacity, said - it is a threat to workers and industries around the world

The capacity of China for industrial manufacturing has been enhancing its influence in the world, but it is turning quite damaging for the entire world. This has been claimed by America. The US government declared Wednesday that we would have to adopt some defensive steps to cope with the challenge posed by China because it is getting a little out of control in the traditional way.

According to the US Secretary of International Affairs, J Shambag, 'the imbalance created by China in manufacturing and its non-market policies have had a bad effect on workers and industries not only in America but all over the world. We are worried that supplying chain has been threatened by the economy of China and its extraordinary industrial manufacturing capacity, which is influencing the whole world. This can also lead to excessive production in certain manufacturing sectors and cause problems.

Shambag said that to deal with the challenge of China, America is working together with its allies and countries with developing economies so that China's policies do not have a bad effect on industries and workers.

He said that taking action against excessive production and dumping is not a protectionist or anti-trade step; it was an attempt to protect firms, employees, and other economies. America appealed to China that it should also take steps in this matter. America advised that all these problems China can control by increasing its domestic consumption, but for this, it will have to increase the income of its citizens and this will also reduce the problem of waists. Shambag said that 'The European Union and Turkey have recently imposed tariffs on electric vehicles imported from China. Mexico, Chile, and Brazil have also taken action against Chinese steel". India is taking many steps to protect its sector of solar manufacturing from China, and likewise, every country is working in this direction to deal with its excessive manufacturing capacity.

Muskan Kumawat Journalist & Writer