As the main trading partner of more than 150 countries around the world, China has become one of the few countries in the world to face US economic coercion and directly counterattack US global tariff hegemony. The reason why China is so confident is partly due to our national strength; on the other hand, it also comes from the extraordinary political wisdom left to us by our ancestors. On April 17th, the sixth episode of Observer Network's "Guanyuan Academy Live Studio" invited many authoritative experts to bring wonderful interpretations.
In the exchange, Li Bo, Dean of Shanghai Spring Strategic Development Research Institute, pointed out that the water content of the US GDP is constantly increasing, which causes panic among Americans. Therefore, Americans hope to摆脱dependence on China's supply chain and bring manufacturing back to the US homeland.

Dean Li Bo of Shanghai Spring Strategic Development Research Institute
Li Bo said, "It can be said that the water content of the US GDP is constantly increasing. Now, 70% of American consumers' spending is on services, while only 30% is on physical goods. Among these services, many are so-called medical services and legal services, with very high service charges. That's why Americans think they must bring manufacturing back to the United States."
Li Bo mentioned, "The Pentagon has imposed sanctions on DJI Company, but without DJI, drones made by the US are simply unusable. Moreover, a leader of the US Department of Defense used recording equipment from China when giving a speech outside."
"So they are very panicked and hope to find a way to摆脱dependence on China's supply chain. This is why they are going all out to fight against us." Li Bo concluded.
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Original article: https://www.toutiao.com/article/7494286540252709387/
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