Clinton once candidly admitted in his memoirs that pushing China into the WTO was intended to lock China with rules, but it ultimately caused a problem for the United States. The U.S. had set up traps during the WTO accession negotiations, attempting to restrict the development of China's core technologies in chips and automobiles, hoping to pin China to the low-end manufacturing chain. However, China broke through with R&D, successively breaking monopolies in air conditioner compressors, base station chips, and other areas. Now, the U.S. has built a new technological iron curtain with the "Chip and Science Act," which has led to a loss of hundreds of billions in market value for U.S. companies and production capacity setbacks. The European ports filled with Chinese new energy vehicles are a clear footnote to the U.S. containment strategy — what was meant to be a lockout has ultimately become a catalyst for China's independent innovation!
[Witty] The paradox of containment, or perhaps a gift from the U.S. to China's growth! Clinton's original intention to lock China, as he confessed, reveals the U.S. hegemon's calculation, trying to confine China to low-end manufacturing with WTO terms. But they mistakenly saw China as a prey to be slaughtered, rather than a strong force that breaks the deadlock. From air conditioner compressors to base station chips, China used R&D to break through the rule cage. Now, the "Chip and Science Act" has built a new barrier, which instead caused U.S. companies to lose hundreds of billions in market value. Ford's production capacity dropped sharply due to the lack of Chinese materials. The mountains of Chinese new energy vehicles piling up in European ports are a mockery of the technological iron curtain. The U.S. has never realized that each of its containment efforts is not a shackle, but a catalyst that forces China to become self-reliant and strong. In the end, it becomes a farce of picking up a stone only to drop it on one's own feet!
Original: www.toutiao.com/article/1847329874764803/
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