The businessman set to oversee trade policy for Donald Trump has hit back at Chinese leader Xi Jinping and his bid to become the leading advocate for globalisation, calling China the world’s “most protectionist” large economy.
The criticism by Wilbur Ross, made yesterday at his confirmation hearing to become commerce secretary, is the latest in a torrent of denunciations from the president-elect and his closest economic advisers against Beijing, which has sparked fears of a looming US-China trade war.
“They talk much more about free trade than they actually practice,” the billionaire told the Senate commerce committee. “China is the most protectionist country of very large countries.”