A high ranking Chinese government official has stated that if Donald Trump were to win the US presidency, it would mean the country would no longer be a major global power.
Lou Jiwei, China’s Finance Minister, told The Wall Street Journal that a Trump White House would mean the US “wouldn’t be entitled to world leadership”.
Jiwei labeled Trump an “irrational type”, and said that Trump’s proposal of trade tariffs of up to 45 per cent on China would violate World Trade Organization rules.
The minister also said that Americans should be more aware that the US and China “are mutually dependent on each other” and that an economic spat between the two nations would mean both would lose out.
“Our economic cycles are intertwined,” he said. “We have more in common than sets us apart.”
Jiwei said that the next US administration should ensure that “U.S.-China ties should be more or less as they are now.”
Responding to the comments, Donald Trump argued that China has “waged an economic war against [the United States]” for over three decades (comments begin at 9.50 mins).
“You have to look at my response to China,” Trump urged.
“Because it is what someone has to say. Because we can’t continue to get ripped off like we’re being ripped off. You’ve got to look at it… I’m not talking about war. But they have waged economic war against us.” he added.
“And I’m not angry about China, in fact I respect them… I’m angry at our leaders for being so incompetent that they allow it to happen. And I said this as part of my response to the Wall Street Journal when they just called. I said, in the history of the world, this is the greatest theft ever perpetrated by anyone or any country, what China has done to us.” the GOP front runner stated.
“I see the empty buildings all over Staten Island,” he said. “I see them all over… Really really sad. That’s not going to happen anymore with me.”
“The truth is, we have all the cards,” Trump said.