November 1, 2021
2 mins read

US-China trade war worsened amid pandemic

According to Medvedev, the “western sanctions policy did not undergo any changes amid the COVID-19 pandemic,” Sputnik reported citing Rossiyskaya Gazeta newspaper…reports Asian Lite News.

The coronavirus pandemic only exacerbated the trade war between the US and China and provocations on the part of NATO have become more frequent, Sputnik reported citing Deputy Chairman of the Russian Security Council Dmitry Medvedev as saying.

“The trade war between the United States and the People’s Republic of China was aggravated by ideological confrontation and finally turned into a kind of cold war. There are more open provocations now, in particular in Europe.

Over the past year, it has become customary that NATO ships constantly approach the Russian borders in the Baltic and Black Seas, sometimes even violating them,” the Russian News Agency quoted Medvedev as saying.

According to Medvedev, the “western sanctions policy did not undergo any changes amid the COVID-19 pandemic,” Sputnik reported citing Rossiyskaya Gazeta newspaper.

“…the struggle with the peaceful commercial project Nord Stream 2 has only intensified. Wars continued, and sometimes with renewed vigor: the conflict in Nagorno-Karabakh, unquenchable clashes in Syria, Libya, Afghanistan, periodic clashes on the border between China and India, a number of conflicts in Africa,” Medvedev said.

Meanwhile, last month US Trade Representative Katherine Tai during the US-China trade relationship said that Beijing’s lack of adherence to global trading norms has undercut the prosperity of the US and other countries in the world.

Tai’s remarks came while she delivered remarks last month at the Center for Strategic and International Studies (CSIS) outlining the Biden-Harris Administration’s new approach to the US-China bilateral trade relationship.

“For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and other countries around the world,” Tai said.

“The US-China trade and economic relationship is one of profound consequence, how we relate to each other does not just affect our two countries, It impacts the entire world and billions of workers,” she added. She also reiterated that the US has to make smart domestic investments to increase self competitiveness.

ALSO READ-DRC to open diplomatic mission in Jerusalem

READ MORE-Rallies held in solidarity, thousands come together in the UK

Previous Story

Fuel price hike continues for the sixth consecutive day

Next Story

Listed fund inflows rise in India

Previous Story

Fuel price hike continues for the sixth consecutive day

Next Story

Listed fund inflows rise in India

Latest from -Top News

Floods hit growth, but Nepal keeps rating

Nepal maintains its ‘BB-’ sovereign rating for the third consecutive year, supported by strong reserves and concessional borrowing….reports Asian Lite News Desk Nepal has retained its ‘BB-’ sovereign credit rating for the

Pakistan becomes hotbed of infectious diseases

Islamabad’s inability to prevent the rising cases of fatal diseases and provide proper treatment is a matter of international public health security. What could be easily avoided has been allowed to kill

COP31 Faces Fresh Heat Over Fossil Fuel Lobbyists

The presence of fossil fuel-linked representatives in national delegations at COP31 has triggered criticism from climate campaigners and transparency groups…reports Asian Lite News Desk The growing presence of fossil fuel companies at

Bangladesh sees sharp rise in attacks on minorities

Attacks on religious minorities in Bangladesh have risen sharply since the 2024 political upheaval, with rights groups documenting a significant increase in violence during 2026…reports Asian Lite News Desk Attacks on religious
Go toTop

Don't Miss

10 states sue Biden admin over vax mandate

Missouri was joined in the suit by eight other states

Foxconn Ramps Up Hiring in China

The new workers are expected to help the factory meet