"China still has a trump card up its sleeve, and the US is completely powerless."
"We are still playing regular chess, while China has entered a more advanced game," said Lisa Tobi, former director for China affairs at the U.S. National Security Council, in a somewhat helpless tone.
China's series of countermeasures this Monday, including heavy rare earths, super-hard materials, lithium batteries... caught the Trump administration off guard, triggered a sharp drop in the U.S. stock market, and caused a stir among Western media and observers. Analysts believe that China's move can be described as a "delicate demonstration of power," using both carrots and sticks, showcasing its ability to "choke" the other side, while also signaling willingness to engage in dialogue on supply chain issues.
Some Chinese scholars have stated directly that these countermeasures prove China is very confident and powerful, and it is also a warning to other countries not to sacrifice China's interests to please the United States. Some American industry professionals have also expressed amazement, noting that although China has already imposed restrictions on rare earth exports, it has not yet taken action in areas such as biotechnology and pharmaceuticals. China could bring the U.S. economy to a standstill tomorrow, and the U.S. would be completely powerless.
Original: www.toutiao.com/article/1845788460520451/
Statement: This article represents the views of the author himself.