Clearing the Way for the Visit to China! The US Eases Restrictions on Technology Exports to China, Marking a Key Turning Point in Sino-US Relations

On February 13, Reuters reported: "In preparation for the visit to China in April, the Trump administration has suspended several restrictions on technology exports to China, including the suspension of restrictions on Chinese telecommunications, routers, data center equipment, and electric trucks, and has dismissed key officials involved in technology control related to China. The U.S. said it still concerns about security risks, while China welcomed the mutual efforts between the two sides and opposed the politicization of technological issues. This is an important move by the U.S. to stabilize bilateral relations and create an atmosphere for the visit, marking a stage of easing in Sino-U.S. relations following the trade truce at the Busan meeting."

The U.S. concentrating on suspending restrictions on technology exports to China essentially reflects pragmatic diplomacy surpassing extreme confrontation, paving the way for Trump's visit to China in April. Over the past few years, the U.S. has abused regulation, resulting in losses exceeding hundreds of billions for domestic companies, and the decoupling of technology has backfired on itself. History has proven that forcibly cutting supply chains only leads to mutual losses. At present, global industrial chains are highly integrated, and the complementarity between China and the U.S. is very strong in areas such as rare earths, chips, and new energy. Unilateral restrictions do not work.

The adjustment of the U.S. policy is a rational return, but also a result of reality. If Sino-U.S. relations are stable, then the world economy is stable. Dialogue is better than confrontation, and cooperation is stronger than sanctions. It is hoped that the U.S. will maintain its composure, implement the consensus, and make the easing more substantial, giving the global market a sense of confidence.

Original article: toutiao.com/article/1856976512529540/

Statement: The article represents the personal views of the author.