Chinese diplomat condemns US tariffs as ‘abusive’ and warns of global trade damage

Minister Counselor in the Embassy of China Ma Jian speaking at a media roundtable in Riyadh. AN
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Updated 10 April 2025
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Chinese diplomat condemns US tariffs as ‘abusive’ and warns of global trade damage

  • Minister Counselor in the Embassy of China Ma Jian says US tariffs are “economic bullying.”

RIYADH: US tariffs imposed on Chinese goods are “abusive” and damaging to global supply chains, a diplomat from the Asian country to Saudi Arabia has said.

Speaking at a media roundtable held in the Chinese Embassy in Riyadh, Minister Counselor Ma Jian said his country’s government expresses its strong condemnation and firm rejection of the measures taken by President Donald Trump. 

On Wednesday, the US government announced a three-month pause on all the “reciprocal” tariffs that had gone into effect — except those affecting China, which were raised to 125 percent, hours after Beijing boosted the duty on American goods to 84 percent.

Jian said the actions of the White House “violate basic economic rules and market principles and disregard the balance of interests reached in multilateral trade negotiations, and ignore the fact that the United States has long gained significantly from international trade.”

The official told Arab News: “The Chinese government expresses its strong condemnation and firm rejection of this action.”

He added: “The US’ abusive behavior by imposing tariffs seriously harms the trade system and the rules of the World Trade Organization and also harms the global economy. 

“Moreover, the abusive imposition of tariffs also causes damage to global supply chains and the multilateral trading system.”

Jian stated that analysis of data from the World Trade Organization shows that under this US policy, the gap between countries will widen, with less developed countries suffering more severe consequences.

“We demand and hope that the US side stops this wrong behavior and acts in response to the calls of the peoples of the world to achieve mutual benefit and greater development of the global economy,” Jian told Arab News.

When asked what, if any steps China will take to mitigate the tensions amidst the trade war with the US following the recent retaliatory tariffs, the Minister Counselor stated: “We will follow the path that the President (Xi Jinping) affirmed — of mutual respect, peaceful deliberation, and cooperation for mutual benefit — as a sign of developing relations with the US.”

He added: “However, we will take a few measures to safeguard our legitimate and reasonable rights and interests.

“The nature of cooperation and dealings between countries is mutual benefit.”

Jian said the US is using tariffs “as a weapon to exert maximum pressure and advance selfish interests,” adding: “These are acts of unilateralism, protectionism, and economic bullying.”

He went on to say that the “zero-sum game” the US has pursued under the pretext of pursuing “reciprocity” and “parity” is, by its very nature, a pursuit of “America First” and “American exceptionalism.”

The Minister Counselor added: “They aim to overthrow the existing international economic and trade order through tariffs.”

The diplomat went on to say: “They place American interests above the overall interests of the international community and serve American hegemony at the expense of the legitimate interests of other countries. They will inevitably be widely rejected by the international community.” 

China-US trade in goods has historically grown rapidly since their diplomatic ties were established in 1979.

UN figures show that in 2024 the volume of trade in goods between the two reached $688.28 billion — 275 times the volume of the trade in 1979 and more than eight times the volume of trade in 2001, when China joined the World Trade Organization.

In a regular press conference on April 8, foreign minister spokesperson Lin Jian said that China will take necessary measures to firmly safeguard its legitimate and lawful rights and interests. 

“If the US decides not to care about the interests of the US itself, China, and the rest of the world and is determined to fight a tariff and trade war, China’s response will continue to the end,” he said, adding: “China is not a seeker of trouble but make no mistake, when challenged we will never back down. Intimidations and threats never work with China.”


Cashless societies becoming worldwide trend

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Cashless societies becoming worldwide trend

RABAT: Imagine carrying cash but being unable to use it. The problem is not with the money, the product, or even the customer — it is the store, confronting shoppers at the checkout with a sign declaring: “Card or digital payment only.”

According to Al-Eqtisadiah, this scenario is no longer a scene from a movie; it is increasingly common worldwide. Many societies are moving toward cashless systems, replacing paper and coin money, cheques, and promissory notes with digital wallets, bank cards, and smart payment apps.

Building cashless societies

Traditional money, whether coins or notes, is rapidly becoming a relic in some countries — particularly those that developed digital infrastructures and financial systems early to support cashless transactions. Payments are now made electronically through credit and debit cards, digital wallets, and other contactless methods.

According to a report by Zimpler, some societies have reduced cash transactions to just 5 percent of all payments. Almost everything, from taxi rides to a cup of coffee, and even donations at local churches, is paid digitally. In China’s Shandong province, even beggars carry containers with QR codes for digital donations.

Sweden leads the cashless movement, with 99 percent of transactions conducted digitally. The law allows businesses to refuse cash outright, limiting cash payments to just 1 percent of total transactions.

Even street vendors no longer accept coins or banknotes. This success stems from Sweden’s early adoption of digital infrastructure, including the launch and widespread promotion of the Swish app in 2012, which reshaped public perception of traditional money.

A global decline in cash

The shift away from cash is a worldwide trend, according to Visual Capitalist. Countries at the forefront include Finland, China, and South Korea, as well as Denmark, the UK, Australia, and the Netherlands.

In the Arab world, the UAE, Bahrain, Qatar, and Saudi Arabia are leading the way, though progress varies depending on each nation’s digital infrastructure.

Digital payments: benefits and risks

The move toward digital payments is no longer a projection of cashless advocates; it is a reality, confirmed by the British printing firm De La Rue.

Research firm Edison Group notes that the company now faces an uncertain future as digital adoption accelerates, after previously producing 36 percent of the world’s currency.

The appeal of digital payments lies in the advantages they offer users. Digital transactions eliminate theft risks, prompting widespread adoption. For example, a late-night robbery in south London led a restaurant owner to stop accepting cash altogether.

Electronic money provides speed and convenience while protecting users from counterfeit notes, loss, damage, and other risks that threaten traditional cash. Governments also benefit, reducing printing costs, limiting visible tax evasion, and making money laundering easier to trace.

The figurative sentence, “Cash has become like a dinosaur, but it will remain,” is often cited by experts and financial consultants who question the notion of the “death of cash,” seeing it as a slogan promoted by major corporations to convince people that digital money is the currency of the present and future.