As the U.S. presses its trading partners to cut ties with China, Beijing is reminding neighbors in Southeast Asia that doing Washington’s bidding will come at a cost.
On Monday, Beijing said it “resolutely opposes any party reaching a deal [with the U.S.] at the expense of China’s interest,” and threatened retaliation in the event that a country did try to sacrifice trade with China.
China’s warning comes after a weeklong visit by President Xi Jinping to Vietnam, Malaysia, and Cambodia, against the backdrop of global trade uncertainty emanating from the White House.
Xi’s trip “was a reassurance and a warning,” says Trinh Nguyen, senior economist for emerging Asia at Natixis. She suggests the trip was a reminder to Southeast Asian economies that China wants to be seen as a responsible actor, and open to engaging with neighbors on trade.
On Monday, Beijing said it “resolutely opposes any party reaching a deal [with the U.S.] at the expense of China’s interest,” and threatened retaliation in the event that a country did try to sacrifice trade with China.
China’s warning comes after a weeklong visit by President Xi Jinping to Vietnam, Malaysia, and Cambodia, against the backdrop of global trade uncertainty emanating from the White House.
Xi’s trip “was a reassurance and a warning,” says Trinh Nguyen, senior economist for emerging Asia at Natixis. She suggests the trip was a reminder to Southeast Asian economies that China wants to be seen as a responsible actor, and open to engaging with neighbors on trade.
17 days ago
