City
Epaper

United States Attorney General William Bar calls out China's 'economic blitzkrieg'

By ANI | Updated: July 17, 2020 04:20 IST

US Attorney General William Bar on Thursday lambasted China for engaging in "economic blitzkrieg" in order to surpass the United States as the world's preeminent superpower.

Open in App

US Attorney General William Bar on Thursday lambasted China for engaging in "economic blitzkrieg" in order to surpass the United States as the world's preeminent superpower.

In a speech in Grand Rapids, Michigan, Bar accused the Chinese government of a "mercantilist" approach to business and trade, Bangkok Post reported.

"The People's Republic of China is now engaged in an economic blitzkrieg -- an aggressive, orchestrated, whole-of-government, and indeed, whole-of-society campaign to seize the commanding heights of the global economy and to surpass the United States as the world's preeminent superpower," Barr said.

"It is clear that the PRC seeks not merely to join the ranks of other advanced industrial economies, but to replace them altogether," said the top US legal officer.

He warned against US dependence on China to produce essential goods like medical supplies and blasted US compes to give up to Chinese pressure.

"If Disney and other American corporations continue to bow to Beijing, they risk undermining both their own future competitiveness and prosperity, as well as the classical liberal order that has allowed them to thrive."

Tensions between China and the US have escalated lately over a string to issue including the South China Sea, Hong Kong, trade, Coronavirus pandemic.

( With inputs from ANI )

Tags: Grand RapidsWilliam barbeijingDisneyBangkok Post
Open in App

Related Stories

NationalJioStar Layoffs: Reliance-Hotstar Merger to Cut Over 1,000 Jobs

InternationalBeijing on Orange Alert As Heavy Rain and Strong Winds Batter City

Social ViralChina: Glass Maintenance Workers Trapped Hanging From Building in Beijing After Sudden Strong Winds; Video Surfaces

InternationalTaiwan’s Attempt to Restrict China Trips by Legislators Fails

EntertainmentDisney Debuts First Look For “TRON: ARES”

International Realted Stories

InternationalIndia insisted on direct communication between the DGMOs, rejecting any third-party assurances: Sources

InternationalMuslim World League welcomes 'ceasefire agreement' between India and Pakistan

InternationalMore than 100 terrorists captured in Judea, Samaria

InternationalCrown Prince of Abu Dhabi arrives in Astana on official visit

InternationalJaishankar talks to Egyptian FM, emphasises importance of "zero tolerance" for terrorism