The US-China Trade War has increased. But China can have more goals than the US
As the trade war between the United States and China increases, the biggest questions are those who are ready to endure more levers and more pain.
China exported more than $ 400 billion in US $ 400 billion, and more than American companies sold to Chinese companies. Therefore, the Trump management claims to be the whole arm.
“The ball is in court in China. It is necessary to agree with us in China. Wednesday White House spokesman Karoline Leavitt, we do not have to agree with them.
“China wants us to be; Every country we want to have: American consumer. Or need our money to put another way,” he said.
However, the trademark is more complicated than that. And experts say China can cause more damage to the United States and tolerate more pain than the tariff war.
“China has a lot of card to play. There are a large number of levers,” he said.
The US-China Trade War continues rapidly by showing signs of low reduction. Andrew Chang explains why China can say the US tariffs and this global economic violation for the world order. Getty Images, Canadian Press and Images provided by Reuters.
A change in China’s response
Modern US-Chinese trading technological products and electronics, everything from iPhones to computers to batteries.
However, Wang will be very difficult for the replacement of the United States, because China said that very large industrial entrances will be very difficult for managing the most part of the world. For example, in the event of a revenge, he banned the export of certain critical minerals in the beginning of this month.
The ban covers seven rare land elements and magnets used in defense, energy and car technology.
“He really intends to hurt the US industry and very few countries can really fill this gap,” he said. “Other suppliers have enough time to quickly arrive in the market and ensure the amount needed by the United States … so China is a very strong card where China can play.”
Wang pointed out that China was a second major American foreign loan. US $ 760 Billion In the treasury securities as in January.
Unlike the trade war in 2018, China always receives a more aggressive approach to Beijing, when China wanted to take a break in the tariffs.
“You need to talk to the torment, to talk to equality, respect and mutual benefits, to stop the problem, threatening and blackmail, to solve the problem, threatening and blackmailing, to solve the problem through dialogue and negotiations.
Meanwhile, Chinese President Xi Jinping walks southeastern Asian countries located on economic relations and China as a safer partner than the United States
US exports are only part of
Toloul Capital Management General Investment Director Spencer Jaciman, China, China has already diversified trade partners for years.
“China’s export to the United States is flat for the last 13 years,” he says. But in the same period, he went to the rest of the world and more than 80 percent.
The first Trump says that China is more exposed to American tariffs. Today, China’s export exports to the United States is $ 400 billion in exports to the United States and $ 400 billion in total of $ 20 trillion.
“This is two percent of its economy,” he said. “Yes, so it hurts, but when you grow in five percent of an economy, it is not a waste of time as you think it is really so reasonable.”
He says that China has a long-term strategy and once a plan to do after the application of American tariffs.
Compare, says that the tariff rate changed in China to a chaotic approach from Washington. When the markets were covered last week, Trump measured a unilateral sized thing with freedom of sweeping. The best cabinet elections offered a wildly different basis for tariffs, sometimes even those who are even contrary to each other. Some said that the tariffs are permanent and they are intended to increase income, while others said they were a goal point for trade concessions.
“I am American, Americans, I want Americans to win this trade war,” said Judge, but I am a global asset manager and this is my job.
Higher pain tolerance
Two noted Chinese experts, Washington published a research document in Washington, who described Beijing’s strategy last week.
Evan Medeiros and Andrew Polk wrote about what is called the “clearly managed economic ammunition”, who reached the critical mineral control. This is said, given the antitrust research of foreign enterprises. After the U.S. commercial war, China, a provision called a list of invalid institutions, presented a provision that can make the target firms difficult to do in the country.
US President Donald Trump says that China is manipulating China’s currency to exacerbate the effects of Chinese tariffs. Andrew Chang explains that China’s tight-controlled exchange rate system and currency manipulation is not so clear. Getty Images, Canadian Press and Images provided by Reuters.
First of all, there is higher pain tolerance in China’s commercial war.
Wang, the Chinese Communist Party said that many things should be concerned about the economic impact of a trade war, as the american consumers leadership.
“Taking into account all the chaos in the United States, it is still an election system. Thus, President Trump and his cabinet are forced to follow how the boxes will respond to the situation,” he said.
Put all this together and the approach of the Chinese commercial war begins to form. The Chinese leadership believes that when using the crisis to strengthen relations with neighboring countries.
The difficult part about any conflict is to find a way out. The United States thought that he could force the exact concessions on the table and its terms. In a few weeks in this trade war, it proves that many thought are more complicated.
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