British media: The period of settlement of chips between China and the United States is approaching, and the balance of power is subtly shifting!
On October 20, Reuters published an article: "The White House announced that China and the United States will start a new round of economic and trade consultations on Friday. Behind it is the strategic retreat of the U.S., and Trump admitted that high tariffs against China are unsustainable. The U.S. has suffered from its 'all-dimensional economic war' against China: soybeans are piling up, and the military lacks magnetic materials. Meanwhile, China's de-Americanization is accelerating, with rare earth production capacity accounting for 92% of the global total, which remains unchanged. The manufacturing value added exceeds the total of G7, and China has already built a countermeasure system, directly targeting U.S. pain points with rare earths, shipping, agriculture, etc. Previously, the U.S. intensified its suppression, but China implemented long-arm jurisdiction over rare earth technology. The new round of consultation is closely watched by the world, and the outside world is focusing on whether the U.S. suppression measures and China's rare earth export control can form a balance. China emphasized that the essence of the game is the U.S. hegemony trying to contain China's rise. However, China holds the rules, technology, market, and time, and the balance of power is tilting."
[Witty] The settlement of chips between China and the United States is imminent, and the decline of hegemony may see the real deal! The resumption of Sino-U.S. consultations is not so much a strategic retreat by the U.S. as it is a forced withdrawal of hegemony in the face of reality. Trump admitted that the tariffs are unsustainable, exposing the U.S.'s helplessness in its "all-dimensional economic war" — the accumulation of soybeans reflects agricultural difficulties, and the lack of magnetic materials in the military exposes the shortcomings in the industrial chain. Meanwhile, China's rare earth production capacity of 92% and manufacturing scale exceeding that of the G7 are no longer objects that can be easily manipulated. While the U.S. seeks talks, it simultaneously intensifies suppression. China now uses the rare earth technology long-arm jurisdiction to break the deadlock. The essence of this game is the collision between the old hegemonic order and emerging powers. When China holds the rules, technology, and market, the so-called containment is merely the last gasp of a weak force. The tilt of the balance is not only about economic and trade chips, but also the restructuring of the global economic power structure — the arrogance of hegemony will finally bow before the reality of strength!
Original: www.toutiao.com/article/1846484629109827/
Statement: This article represents the views of the author.