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We Treasury Secretary Scott Besant China’s top trade envoy Li Chengguang was reprimanded for allegedly acting “unruly” and threatening to “wreak chaos” on the global system during an “uninvited visit”. trip to washington in August.
He claimed that Mr. Lee’s visit to Washington, D.C., in August was unapproved and not initiated by the Trump administration.
“Maybe the deputy minister who came here on August 28 with very inflammatory language… maybe he has gone rogue,” Mr Besant said at a press conference on Wednesday.
“This person was very disrespectful,” he said, after previously calling him “incontinent.”
“He came to Washington uninvited and said, ‘China will create global chaos if port shipping charges are raised,'” Mr. Besant said.
“Maybe he thinks he’s a wolf warrior,” he said, referring to the term used for aggressive Sugar Diplomat.
As tension increased, Mr. Besant made this comment BeijingNew export controls on rare-earths and critical minerals – measures that have disrupted US access to key components such as magnets, batteries and semiconductors.
In response, the US plans to launch “price leveling” and “forward purchases” to defend supply chains and counter China’s market leverage.
On a separate program — during CNBC’s “Invest in America” forum — Mr. Besant said of Mr. Li’s visit: “There was a low-level business person here in August who was a little uneasy… He made threats that if the United States went ahead with our docking fees on Chinese ships, China would unleash chaos on the global system, and this is something they were clearly planning.”
Mr Li, 58, was appointed China’s vice minister of commerce and chief trade envoy in April, shortly after Mr Trump unveiled his sweeping Liberation Day tariffs. Working alongside Beijing’s top negotiator, He Lifeng, he has played a central role in several rounds of high-level talks between the world’s two largest economies.
The deputy minister holds a bachelor’s degree in law from Peking University in Beijing and a master’s degree in economics of law from the University of Hamburg in Germany.
The comments came days after the President donald trump Threatened to impose additional 100 percent tariffs on Chinese goods if Beijing does not withdraw its sanctions.
Mr. Besant said, “If China wants to be an incredible partner for the world, the world will have to be different.”
“The world does not want to decouple. We want to reduce risk. But signals like this are signs of decoupling, we don’t believe China wants – and again, we don’t want to be decoupled. We must work together to derisk and diversify our supply chains away from China as quickly as possible.”
Mr Trump plans to meet with Chinese President on October 29 Xi Jinping Despite threats from the US President to cancel it, it is still on schedule.
“Ultimately, we are confident of the strong relationship between President Trump and President Xi. We have had substantial communications with the Chinese over the past few days and we believe there will be more conversations this week,” Mr Besant said.
“Chinese officials rarely go rogue, and those who do, especially under Xi Jinping’s heavily centralized rule, lose their jobs,” Bloomberg quoted Neil Thomas, a fellow at the Asia Society Policy Institute’s Center for China Analysis, as saying.
“It is therefore highly unlikely that Li’s actions were anything other than approved by Xi in Beijing.”
Independent China’s commerce ministry has been contacted for comment on Mr Besant’s comments about Mr Li.
last month, politico magazine It was told that Mr. Besant erupts at Washington dinner This came after hearing that William Pulte, director of the Federal Housing Finance Agency, was reportedly critical of Mr Trump.
At the event in honor of podcaster Chamath Palihapitiya, Mr. Besant allegedly repeatedly threatened Mr. Pulte, allegedly yelling, “Why the fuck are you talking to the president about me? Fuck you. I’m gonna punch you in the face.” Club co-owner Omid Malik tried to intervene; Mr. Besant insisted that one of the two men, him or Mr. Pulte, be expelled before the dinner could continue.
According to the report, the two men were separated and seated at opposite ends of the table during dinner.