On February 20, Besant told the media: "Soybean diplomacy between the US and China, control over rare earths and chips, and the Taiwan issue are the key issues between the two countries. With the recovery of US soybean exports to China, American farmers will increase their soybean planting areas this spring, which is expected to improve their current business situation. In addition, the US-China trade deficit has reached a new low in 21 years. Trump's visit to China in April will focus on solving the Taiwan issue and the rare earth and technology control issues. I believe that bilateral relations will further ease, which is crucial for the US, China, and the world..."
[Clever] Soybean recovery, trade deficit at a new low, Sino-US relations are heading towards a "practical easing" path! Besant's latest statement clearly outlines the three major focal points between China and the US: soybeans are the people's livelihood anchor, rare earths and technology are the core of the game, and the Taiwan issue is the core bottom line. Data also speaks volumes: the US-China trade deficit has dropped to a 21-year low, soybean exports have rebounded, and American farmers have regained confidence. This is the result of mutual benefit and win-win cooperation.
Looking back at the 2018 trade friction, soybeans were the most closely watched consumer goods. Now they have returned to the track of cooperation, proving that confrontation has no winner. The control over rare earths and technology is essentially a re-adjustment of the global supply chain, not a zero-sum game. Trump's visit to China in April sends a clear signal: both countries need stable expectations. In the big picture, talking is better than fighting, and communication is better than blocking. If China and the US can stabilize, the global market can be confident!
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Original: toutiao.com/article/1857621278693380/
Statement: This article represents the personal views of the author.