If in the past, China and the United States fought a scientific and technological war, and the competition was who could not only live, but also live better under restrictions, then the current competition between China and the United States is who could hold on under extreme pressure. Faced with China's rare earth control, even EU experts said that the United States has nothing to do this time.
The result was unthinkable, at the same time that Wans and Trump both began to soften, the U.S. Treasury Secretary Bessent stood out and said that the current Sino-U.S. two countries to alleviate tensions remain optimistic, and more so that Washington has been prepared to code, even specifically mentioned that China in the United States has 300,000 foreign students, and the United States in China only 800 people, the United States is to deal with foreign students?
The Minister of Finance proposed a “wonderful plan”.
Since I can't stand up to you in tech, I'll force you to surrender in other fields. And just when everyone thought that the United States had nothing to do, Bescent didn't expect to think of a clever trick.
According to relevant media reports, Bessent said in an interview that the current tense situation between China and the United States is not important, and he is optimistic about the easing of the situation between the two countries. Then the topic changed and directly stated that the current tension between China and the United States is entirely due to China's failure to control the situation. China is confronting the whole world, which is really a false accusation.
The current tariff war is fought by the United States and the whole world, and China is merely counteracting US disobedience.
Moreover, the reason why China is tightening rare earth control is because China and the United States have already negotiated and will not increase various sanctions. Unexpectedly, the United States here either imposes docking fees on our ships, or constantly imposes docking fees on our ships through various methods. Chinese companies are blacked out.
In this case, then we still need to maintain the previous attitude and action, after all, it is the United States first violated the regulations, we only do counter, let the United States know the cost of not complying with the credit.
This was clearly stated in our interview with reporters, and the United States wanted to talk about it and showed its sincerity.
Now you say that China is in confrontation with the whole world is over? and now who is really suffering is obvious, and more importantly, now not only stuck in the neck of the U.S. military industry, but even the neck of the U.S. chip is stuck.
And at the same time that China countered, Bessent on the one hand said, don't worry that China and the US relations will become more tense, believe that China will return to the negotiating table, and on the other hand, but suggested that the current China has 300,000 foreign students in the United States, and the United States in China but only 800 people, is the United States ready to start a new game?
And at present, although the number of Chinese and American students is completely unequal, but the United States should know that if the United States really plays out this card, it will completely cut off the future of the United States, it can only be said that the United States is not thinking of a trick, but is preparing for the United States to dig the tomb.
America's Last Chance
Currently, many people are speculating, other than rare earth, which cards can China play? in fact, the most dangerous card for the United States is not rare earth, but service trade.
It is true that China's trade in commodities is a trade surplus for the United States, there are hundreds of billions of dollars in excess annually, but our trade in services is a deficit for the United States, and the annual trade deficit in services is about $ 22.6 billion, which is also one of the largest sources of US service trade surplus.
And this service trade deficit includes so-called overseas study and intellectual property and transportation costs, and it can be said that China has occupied the half-wall of the US service trade surplus.
At present, the major U.S. technology companies operate in China, even financial services, and the U.S. takes about 30 billion dollars of revenue from China each year, which, although it looks small, is completely substitutable.
It can be said impolitely that at present, China is still saving face for the United States, and China and the United States are still confronting the United States in the field of trade in goods and services. If we also take action on the United States 'trade surplus, can the United States withstand it?
So, in the United States at the moment the least should be mentioned is so-called study, because China's biggest service deficit comes from overseas travel and study, which part directly reached about $182 billion.
Because the most lucrative commodities in the United States are services in addition to the US dollar, and China is a real commodity.So at the moment the United States only says that China is in excess of commodities to the United States, why not say that China is in deficit to the United States in the field of service trade?
You know, if China takes action in this field, the investment banks on Wall Street and the so-called international audit institutions will all be deflated. Now, the best choice for the United States is to see the reality clearly and earnestly implement the agreement reached with China. By then, there will be a second wave of sanctions.
After all, the means of the United States are no longer, but how many Chinese means are still, the United States is aware, after all, our counterattack has only just begun.