Reference Message Network reported on April 26 that the Pakistan Daily Times website published an article titled "Beijing's Strategy" on April 24. The author is Hasnan Javed. The article is compiled as follows:
As the trade tensions between China and the United States continue to escalate, Beijing has deployed a series of broad strategies to minimize the impact of US tariffs. China is actively taking a series of alternative measures, including economic adjustment, digital finance, and diplomacy.
The US tariffs were first imposed during Trump's first term and continued in the following years, aiming to curb China's dominant position in the manufacturing and technology sectors. However, China has not stood still but has quickly adjusted. The core of China's strategy is diversification. Trade experts believe that China is no longer putting all its eggs in one basket, and the future is diversified.
Perhaps the most interesting (and future-oriented) approach lies in digital finance. China is strengthening the global use of digital RMB, especially for trade settlement with Belt and Road Initiative partners. Digital RMB is a digital form of legal tender issued by the People's Bank of China.
Meanwhile, China has sued the US tariff increase behavior at the World Trade Organization and adopted selective diplomatic postures. However, officials in Beijing are increasingly convinced that true resilience comes from building a system that makes tariffs irrelevant rather than seeking tariff exemptions. Domestically, Beijing is doubling down efforts to take the lead in industries such as semiconductors, electric vehicles, green energy, and artificial intelligence - sectors less susceptible to external pressure.
In addition, mechanisms such as BRICS cooperation and the Regional Comprehensive Economic Partnership Agreement are being used to promote regional cooperation and reduce reliance on the US-led global system.
China has strengthened intellectual property protection to curb counterfeiting. These reforms are part of China's broader strategy to improve the business environment and foster innovation, in line with international standards, addressing long-standing concerns of global trading partners.
China's tactics are not passive responses but transformative actions. China's response to US tariffs is not just about trade but reshaping global trade. China is building a parallel economic architecture beyond sanctions, tariffs, and political cycles.
Original article: https://www.toutiao.com/article/7497502870884074020/
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