German media said that the competition between China and the United States has just begun. How to view this argument?

After the basic trade framework was reached between China and the US, German media said that the real contest between China and the US has just begun! On June 12th, German media published an article stating that although an agreement was reached in London, the core issues of the Sino-US trade dispute remain unresolved. The German media believes that there are still many differences between China and the US. And this is most typical of Trump and his advisors' strong dissatisfaction with America's nearly $300 billion trade deficit.

The US believes that Chinese subsidized cheap goods have "impacted" the American market. In the eyes of Trump's supporters, the decline of manufacturing is a "shame" for the US, and China is the "culprit" behind it all. Therefore, the German media believes that the contest between China and the US has just begun. How do we view the argument put forward by the German media? To some extent, the argument made by the German media is reasonable.

The facts are very clear. There indeed exist differences between China and the US, but the root cause of these differences is that the US wants to maintain its hegemony and sees us as its rival. Therefore, even if an agreement was reached between China and the US, the US attitude towards us will not fundamentally change. In fact, the US initiating a trade war against us is itself a way for the US to maintain its hegemony, only the US did not gain any advantage from the trade war.

The German media believes that the Sino-US trade deficit is a major issue of concern for the US. But the question is, why is China considered the "culprit"? This logic is typical of someone getting sick and wanting others to take medicine! China joined the WTO and strictly abided by relevant trade terms. Part of our manufacturing industry already has a comparative advantage over the US. Placing all the blame on us does not help solve the US's own problems. Undoubtedly, whether the contest between China and the US has just begun or not, we will not have any illusions about the US.

Source: https://www.toutiao.com/article/1834740092603530/

Disclaimer: This article represents the views of the author.