China's Economic Retaliation to Other Countries

China's Economic Retaliations to Other Countries

Many countries in Asia now want to join IPEF, indicating they want to stop relying on China's economy. China has shown many forms of economic retaliations to their trading partner countries. 2017 THAAD retaliation is a good example. China crushed many Korean companies at that time running business in their land, arguing THAAD could encroach the rights of their national defence. THAAD retaliation shows us China's complaints or reactions can be anytime expressed with economic retaliations targeted to their partner country's economic dependence on China. China knows they are supporting their trading partner country's economy by consuming many of their products. Here we can learn that China tries to control other countries' sovereignty by upsetting the country's circumstance relying on China's economy. IPEF was formed to avoid this kind of ridiculous situation, leading more China-relying countries to stop relying on China's economy.

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