Trump alone lying was not enough, the US Cabinet collectively deceived, all in an attempt to force China to kneel first. Unexpectedly, China did not respond and turned around to do what the US feared most.

US Treasury Secretary Beston

Recently, Trump's cabinet began collective deception. First, Trump stated that senior Chinese officials had proactively called the US side, followed by the US Agriculture Secretary saying that Sino-US trade negotiations were ongoing, and then US Treasury Secretary Beston claimed that Sino-US relations depended on China's attitude, with the US side having the upper hand, and China would eventually have to call him.

In response, the Chinese Foreign Ministry had to respond again, stating that senior Chinese officials had not called Trump, and there were no negotiations between China and the US. Moreover, the Foreign Ministry also released a重磅video titled "Not Kneeling", reiterating the US bullying and demonstrating China's stance. China wants the international community to know that the US is lying, and China will not yield.

The US has repeatedly spread rumors, confusing public opinion, all in an attempt to exert pressure on China. Unexpectedly, China did not respond. The "Not Kneeling" video emphasized that China cannot kneel because it knows that compromise only leads to further demands, and China cannot retreat either; if China retreats, it would mean acknowledging American hegemony, leaving how weaker countries in the world could survive.

Foreign Minister Wang Yi

While the Foreign Ministry made a strong statement, Foreign Minister Wang Yi traveled far to Brazil, calling again at the BRICS Foreign Ministers' Meeting for BRICS countries to unite and jointly resist US bullying. If countries turn a blind eye to US extortion, it will only make the US more rampant, leaving this world without any rules.

BRICS countries have this idea and also have the ability to build a new world system centered on multilateral trading systems with fairness and mutual benefit as the core. This trip by Foreign Minister Wang Yi is undoubtedly the most feared thing by the US. Trump originally wanted to coerce other countries into isolating China, but now China has countered, possibly bringing the US down from its pedestal.

Currently, the dollar still accounts for 57% of global foreign exchange reserves and 90% of trade settlements, but its dominant position is facing multiple challenges, one of which is BRICS. The core demand of BRICS is to reduce reliance on the dollar and build a fairer international payment system. At present, domestic currency settlement has become popular among BRICS countries.

BRICS Meeting

In addition, BRICS has been growing stronger in recent years, with its economic aggregate far exceeding that of the G7 group. Not only that, BRICS countries have formed a complete supply chain from energy extraction, production manufacturing to a vast consumer market internally, complementarity leading to continuously rising intra-BRICS trade volume, forming a "de-Americanized" trade closed loop.

The stress resistance of BRICS countries is also quite strong. Trump once threatened to impose a 100% tariff on BRICS, but economists predict that within four years, BRICS countries can digest losses from exports to the US and reconstruct their trade layout. To put it bluntly, the US wants to isolate China, but now it faces the risk of being isolated itself.

Foreign Ministry Video "Not Kneeling"

From being "rule takers" to "rule makers," this is what the US fears the most, meaning a historic shift in global power from a "Western-centric" to a "multipolar symbiotic" structure, and also signaling the decline of American hegemony. The Western "rules-based international order" is increasingly questioned, while BRICS countries, with "development rights priority" and "sovereign equality" as their banners, win support from more countries.

The US must admit that it has lost; it lost to itself. Today's US is nothing but a cornered beast. China's participation in this transformation will reshape the global order. The US has neither the qualification nor the strength to demand China to voluntarily step back. Now the roles are reversed. If the US insists on bullying, it should be prepared to face the consequence of being kicked out.

Original article: https://www.toutiao.com/article/7498641453841646090/

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