Export Compliance Daily is a Warren News publication.

Chinese Say They Oppose ‘Unfair Competition’ With US

China welcomes “healthy competition” with the U.S., “based on observing the basic norms governing international relations,” said a Foreign Affairs Ministry spokesperson Friday, reacting to National Security Adviser Jake Sullivan's remarks that a top Biden administration goal is to “set…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

the terms for an effective and healthy competition with China.” Beijing opposes “unfair competition where one's own rules are forced on other countries as international rules,” said the spokesperson. “We oppose unethical competition where ‘competition’ is cited as an excuse to restrict other countries' development and deprives them of their legitimate rights and interests.” President Joe Biden said before the U.N General Assembly in September that the U.S. isn't looking for conflict or a cold war with China, Sullivan told the Lowy Institute Thursday: The U.S. seeks “the capacity to work together with China where it’s in the common interests of our countries and in the interests of the world to do so,” whether on climate change, nuclear proliferation or “macroeconomic stability.” Biden and Chinese President Xi Jinping plan a virtual summit Monday to "discuss ways to responsibly manage the competition" between the U.S. and China, said the White House Friday.