China Rejects U.S. Vice President JD Vance's 'Peasants' Remark
China has sharply criticized U.S. Vice President JD Vance for his remarks about borrowing money from ‘Chinese peasants’ to purchase their manufactured goods, escalating tensions amidst ongoing trade disputes.
In a recent statement, Chinese Foreign Ministry Spokesperson Lin Jian condemned comments made by U.S. Vice President JD Vance on Fox News, where Vance discussed the impact of the Trump administration’s tariffs. Vance stated, ‘we borrow money from Chinese peasants to buy the things those Chinese peasants manufacture,’ a statement that has stirred controversy in Beijing. Lin Jian responded by labeling Vance’s words as lacking knowledge and respect, highlighting the ongoing friction between the two economic giants.
The backdrop to this diplomatic spat is the broader context of U.S.-China trade relations, which have been turbulent, especially following the imposition of tariffs during the Trump administration. These tariffs were initially criticized for potentially causing inflation, but Vance argued on Fox News that they actually led to low inflation rates, a robust economy, and the beginning of a manufacturing revival in the U.S.
However, Vance’s critique extended to the Biden administration, which he accused of reversing these gains, leading to factory closures, rising inflation, and soaring housing costs. His comments reflect a continuing narrative from the Trump administration of a need to shift the U.S. economy in a new direction, a promise that Vance claims is being fulfilled.
As tensions simmer, the White House has yet to respond to China’s latest criticisms. The situation underscores the complex interplay of economic policies and international diplomacy, with both nations recalibrating their approaches amidst global economic challenges.