Hey there! 😊 Did you know that China is standing up against economic bullying? Let’s find out what’s happening!
What’s the News?
On Monday, China’s Foreign Ministry spokesperson, Guo Jiakun, spoke out against countries using their power to push others around in business deals. That’s like a big kid on the playground taking toys from others— not cool, right?
What’s Economic Bullying?
Economic bullying, or economic coercion, is when a country uses its economic strength to force another country to do something they don’t want to do. Imagine if someone said you can’t play unless you give them your lunch! 🍎 No one likes a bully.
Why Does It Matter?
China believes that all countries should play fair and respect each other’s rights. Guo Jiakun said that China wants to make sure everyone follows the rules so that business is fair and people are happy.
What’s Next?
China’s market regulators are looking into a big deal involving some companies to make sure everything is fair and square. They want to protect public interests and keep the market fair for everyone.
Let’s Remember:
Standing up against bullying, whether on the playground or in the world of business, is important! Let’s all support fair play and kindness. 🌟
Reference(s):
China reiterates opposition to economic coercion, hegemonism
cgtn.com
