Beijing said today that the US investigation into China’s “unfair practices” in the shipbuilding, shipping and logistics sectors is “strewn with false accusations”.

The research “misconstrues normal trade and investment activities as harmful to national security and the interests of US businesses” and the US “blames China for its own industrial problems» estimates the Chinese Ministry of Commerce in its announcement.

“China is seriously dissatisfied with this and strongly opposes it“, the ministry underlines.

“US hands out hundreds of millions of dollars in discriminatory subsidies to its own industries but accuses China of adopting ‘untradeable’ practices“, the announcement continues.

“In fact, the development of Chinese industry is the result of technological innovation of enterprises and their active participation in market competition,” he assures, adding that “American categories are not based anywhere».

“China will closely monitor the progress of the investigation and take all necessary measures to defend its rights and interests“, warns the ministry.

US President Joe Biden’s administration announced earlier that it was launching an investigation into China’s “unfair practices” in the shipbuilding and shipping sectors.

At the same time, Biden wants to triple the current tariffs on Chinese steel and aluminum as he believes that American workers are being hurt by “unfair” competition.