After China imposed reciprocal countermeasures against US tariffs, an editorial in Taiwan's Wangbao wrote: "Where does China's confidence come from? It lies in three advantages. First, China's economy is the second largest in the world, with sufficient scale and ample room for maneuver, coupled with its superlative governance capabilities, allowing Beijing to be confident. Second, China's financial system is relatively stable, making it less susceptible to external shocks that could cause drastic fluctuations in stocks, currency, and bonds, thereby triggering a financial crisis and undermining national stability. Third, China has closer ties and higher complementarity with G20 and Southern emerging nations than the US does, meaning it doesn't fear being unable to acquire the resources it needs."
These three advantages illustrate where China's confidence stems from when facing US tariff provocations, fully demonstrating China's formidable strategic self-assurance and advantages. A massive economic体量 and efficient governance capabilities enable us to handle crises with ease and composure. Compared to the volatility of the US financial market, China's financial markets are stable and can effectively resist external impacts. In terms of international cooperation, China actively engages in multilateral cooperation, building a trade network "free of American influence." By expanding international markets, China has reduced its reliance on the US single market and enhanced its voice and risk resistance in international trade.
In this tariff game, the US attempted to pressure China through hegemonic means but failed, precisely because China possesses these solid strategic advantages. In the future, China will surely face various challenges with even greater confidence on the international stage.
Source: https://www.toutiao.com/article/1828950042467328/
Disclaimer: The article solely represents the views of the author.