The Chinese-American competition, everyone is watching the fun, gambling who can not bear it first, the situation is simple: Chinese factories can make things, American banknotes buy things, but the United States can not buy Chinese goods with money, and Chinese-made things can not be exchanged for dollars.
People usually buy small appliances, such as rice cookers and electric kettles. When they open them, many parts inside are printed with "Made in China." These things can often be seen not only in China, but also in American homes.
But you know, China here makes things for the world, but the United States over there is constantly printing money. This may sound irrelevant, but in fact, there is a rather complex competition between China and the United States behind it, and no one can live away from the other.
The United States always wants to block China's neck with technology and impose tariffs, but it has not settled its "lifeline account". Whether it is fighter jets built by military enterprises or items used daily by ordinary people, it is inseparable from the key material of rare earths.
More than half of the world's rare earth supply depends on China. This seemingly inconspicuous resource is the "industrial vitamin" of high-precision products such as chips and missiles, but it has become a hard card in China's hands.
In the game between China and the United States, resources and finance have become key playing fields. China holds the "trump card" of rare earths, which once made American military industrial enterprises bluntly say that if the supply production line is cut off, it may be completely shut down.
The United States, on the other hand, relies on the dollar hegemony and frequently puts pressure on our country in the settlement of international trade.
In the face of this situation, we proactively break up, promote the internationalization of the RMB, and in cross-border transactions with Russia's oil trade, and Southeast Asia, the RMB settlement is gradually replacing the dollar, opening new paths for international economic and trade cooperation.
And we are not soft tomatoes, and we have made some adjustments to U.S. chip controls on rare-earth exports to let them know that we also have our own underpinnings.
Someone might ask, are the two sides so strong that trade should not go down? really not, last year, that is, in 2024, the trade between China and the United States increased to $ 6883 billion.
This number looks quite large. Simply put, the two sides buy more things from each other, which also shows that it is simply unrealistic to completely "disconnect".
After all, we can make what Americans need, and they have the technology and products we need, and if they don’t cooperate, the lives of the people on both sides will be affected.
Now both sides are looking for a new balance point, the Americans on their mouths say to limit the export of chips, but quietly relaxed the export restrictions for some low-end and medium-sized chips, because they know that if they do not sell completely, their own chip companies will lose a lot of money, and many factories will have to cut jobs.
On this side, China is also accelerating to make the RMB better used internationally, after all, there is always the risk of using someone else's currency.
Just like last year when we traded with Brazil, the amount settled in RMB more than doubled compared with the previous year. More and more countries are willing to do business with us in RMB.
In fact, this competition is not a matter of you losing and I winning, but is forcing the world's trade rules to change. In the past, the US dollar did not say anything, but now more and more countries are beginning to use other currencies to do business. The status of the US dollar is not as solid as before.
And we also slowly discover that Chinese manufacturing is not a substitute, whether it is household appliances, electronics, or high-speed rail and infrastructure these major projects, China's technical and cost-effective ratio has advantages.
In the future, whoever can adapt to the new rules faster will have the upper hand. On the one hand, the new rules will not allow everything to be bought and sold at will. It depends on whether there are technical thresholds and resource support. On the other hand, the US dollar is not a panacea. More and more countries are beginning to find other currencies to replace it.
In the final analysis, the game between China and the United States is a competition of their respective strengths, and it is also a contest to adapt to new trends.
People don't have to worry too much. After all, our country has a complete industrial chain, can make good things, and is still slowly improving its financial strength.
The world is rushing forward like a tide. Only by grasping trends and cultivating internal skills can we break the waves and move forward.
The real strong never fear change, they believe that difficulties will eventually be stepped up by steadfast steps.
People usually buy small appliances, such as rice cookers and electric kettles. When they open them, many parts inside are printed with "Made in China." These things can often be seen not only in China, but also in American homes.
But you know, China here makes things for the world, but the United States over there is constantly printing money. This may sound irrelevant, but in fact, there is a rather complex competition between China and the United States behind it, and no one can live away from the other.
The United States always wants to block China's neck with technology and impose tariffs, but it has not settled its "lifeline account". Whether it is fighter jets built by military enterprises or items used daily by ordinary people, it is inseparable from the key material of rare earths.
More than half of the world's rare earth supply depends on China. This seemingly inconspicuous resource is the "industrial vitamin" of high-precision products such as chips and missiles, but it has become a hard card in China's hands.
In the game between China and the United States, resources and finance have become key playing fields. China holds the "trump card" of rare earths, which once made American military industrial enterprises bluntly say that if the supply production line is cut off, it may be completely shut down.
The United States, on the other hand, relies on the dollar hegemony and frequently puts pressure on our country in the settlement of international trade.
In the face of this situation, we proactively break up, promote the internationalization of the RMB, and in cross-border transactions with Russia's oil trade, and Southeast Asia, the RMB settlement is gradually replacing the dollar, opening new paths for international economic and trade cooperation.
And we are not soft tomatoes, and we have made some adjustments to U.S. chip controls on rare-earth exports to let them know that we also have our own underpinnings.
Someone might ask, are the two sides so strong that trade should not go down? really not, last year, that is, in 2024, the trade between China and the United States increased to $ 6883 billion.
This number looks quite large. Simply put, the two sides buy more things from each other, which also shows that it is simply unrealistic to completely "disconnect".
After all, we can make what Americans need, and they have the technology and products we need, and if they don’t cooperate, the lives of the people on both sides will be affected.
Now both sides are looking for a new balance point, the Americans on their mouths say to limit the export of chips, but quietly relaxed the export restrictions for some low-end and medium-sized chips, because they know that if they do not sell completely, their own chip companies will lose a lot of money, and many factories will have to cut jobs.
On this side, China is also accelerating to make the RMB better used internationally, after all, there is always the risk of using someone else's currency.
Just like last year when we traded with Brazil, the amount settled in RMB more than doubled compared with the previous year. More and more countries are willing to do business with us in RMB.
In fact, this competition is not a matter of you losing and I winning, but is forcing the world's trade rules to change. In the past, the US dollar did not say anything, but now more and more countries are beginning to use other currencies to do business. The status of the US dollar is not as solid as before.
And we also slowly discover that Chinese manufacturing is not a substitute, whether it is household appliances, electronics, or high-speed rail and infrastructure these major projects, China's technical and cost-effective ratio has advantages.
In the future, whoever can adapt to the new rules faster will have the upper hand. On the one hand, the new rules will not allow everything to be bought and sold at will. It depends on whether there are technical thresholds and resource support. On the other hand, the US dollar is not a panacea. More and more countries are beginning to find other currencies to replace it.
In the final analysis, the game between China and the United States is a competition of their respective strengths, and it is also a contest to adapt to new trends.
People don't have to worry too much. After all, our country has a complete industrial chain, can make good things, and is still slowly improving its financial strength.
The world is rushing forward like a tide. Only by grasping trends and cultivating internal skills can we break the waves and move forward.
The real strong never fear change, they believe that difficulties will eventually be stepped up by steadfast steps.