Comments by the U.S. that China uses unfair...>

CHINA: Comments by the U.S. that China uses unfair trade practices distorts

facts and has no ground, the Ministry of Commerce said in an extensively long

statement, refuting arguments in the USTR's July 10 statement announcing

additional tariffs on $200 billion of Chinese goods. 

- The escalation of trade conflicts is completely the responsibility of the U.S.

as its flip-flops during trade talks reversed consensus reached by both sides; 

- China's economic success should be attributed to its constant market reform

and opening up to the world, and it will continue the efforts: MOFCOM; 

- U.S. trade deficit is due to its domestic problems, the dollar's status as a

major reserve currency, and the U.S.' restriction of high-tech exports to China:

MOFCOM; 

- "Made In China 2025" is only a guidance which is open to all foreign

companies, while the U.S. subsidizes its agricultural and manufacturing

industries: MOFCOM;

- U.S. trade action could lead global economy to "traps of cold war, recession

and disrespect for agreements and uncertainty": MOFCOM.