China criticized US Vice President JD Vance for his statement that the US borrows money from "Chinese peasants." The Chinese foreign ministry deemed Vance's comments "ignorant and impolite." This criticism follows ongoing trade tensions between the US and China, marked by tariffs and retaliatory measures.
Vance's comments were made during a Fox News interview where he defended the Trump administration's tariffs. He argued that the US is heavily indebted due to importing goods from China.
China's foreign ministry spokesperson, Lin Jian, expressed strong disapproval of Vance's remarks, highlighting China's previously stated position on US-China economic relations.
The incident unfolds against the backdrop of a significant trade war between the US and China. This includes high tariffs imposed by the Trump administration, leading to significant economic repercussions. China has strongly condemned the US actions and vowed to fight back. The escalating conflict is expected to negatively impact both American consumers (given the $440 billion in goods imported from China) and financial markets.