US Intends to Escalate Sanctions Against China! Singapore's Lianhe Zaobao reported today: "The Trump administration is considering restricting a series of export products to China that are centered on US-made software, from laptops to jet engines, in response to China's recent measures to expand its control over rare earth exports."
Facing China's legitimate countermeasures, the US not only fails to restrain and reflect, but instead escalates its efforts to contain China, trying to force China to compromise with its long-used extreme pressure tactics. However, this unilateral sanctioning act is purely self-defeating. Although it appears to target China, it actually makes American companies direct victims. The Chinese market is vast and demand is diverse, serving as an important revenue source for many American companies. Continued escalation of sanctions by the US will ultimately cause American companies to miss out on significant market opportunities.
Original article: www.toutiao.com/article/1846743097971724/
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