The United States' repeated and unpredictable policy shifts have not only enhanced the risk of deepening its economic and trade frictions with China, but have also weakened its credibility in the international market, analysts and exporters said on Monday.
These policy shifts are undermining the confidence of global businesses and investors in US policies, market conditions and assets, they added.
Their remarks came after the Ministry of Commerce urged the US to promptly rectify its wrongful actions. In a statement issued on Monday, the ministry said the US has seriously undermined the consensus reached during the China-US economic and trade talks on May 12 in Geneva, Switzerland, by repeatedly imposing discriminatory and restrictive measures on China.
