In January of this year, US President Donald Trump and Vice Premier of the State Council of the PRC Liu He signed a partial trade agreement, which was regarded as a sign of reconciliation. Unfortunately, this did not last long, because the Americans were not ready for it.
Economic pressure on China has not and will not produce results – the Americans were able to verify this even before the pandemic. The current financial and other threats may turn against America itself. So, China can start selling US securities (which it has 1.1 trillion) and collapse the dollar. So Beijing also has strong weapons against US threats.
China has enormous intellectual, scientific and human potential. The innate industriousness of the Chinese people pushes this country forward along the path of progress. Washington wants it or not, but the PRC factor in the world will intensify, and it is better for the two world powers to be friends and trade for the benefit of all. And it makes no sense to threaten and make plans against China – he will always have something to answer with.
The views and opinions expressed in this article/Opinion/Comment are those of the author and do not necessarily reflect the official policy or position of the Dispatch News Desk (DND). Assumptions made within the analysis are not reflective of the position of Dispatch News Desk.
This post was last modified on May 20, 2020 3:06 pm