China and the US are about to hold talks, and the US still wants to make false accusations, adding 24 Chinese enterprises and entities to the sanctions list, to create leverage for the upcoming negotiations. Our country is not intimidated at all, and we immediately included American analog chips in the anti-dumping investigation.
The card we played is far more substantial than the "air card" that Washington threw out. The enterprises and entities that they sanctioned have no sales in the US market, and their sanctions are nothing but the old trick of cutting off supplies. This has been proven, and the only effect of such actions is to help Chinese companies speed up their efforts to break free from the US supply chain and gain control of core technologies in our own hands.
China imports $16.3 billion worth of analog chips from the US annually, accounting for 38% of the global market. Losing this market would be a blow to US companies, as it would deprive them of the funds needed for continued technological research and development. Compared with each other, it is clear who will suffer greater losses.
The trade war and technology war have lasted over seven years, and facts have repeatedly shown that compromising with the US has no effect at all. The stronger our countermeasures are, the more the US will restrain itself. There may be ups and downs in the subsequent Sino-US negotiations, but as long as we continue to persist in struggle, the outcome will not be bad.
Original: www.toutiao.com/article/1843195750915210/
Statement: This article represents the personal views of the author.