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Breaking-News >> WorldNews US media: The United States underestimated a situation in China
(Original title: US Media: A situation in which the United States underestimated China) Since the U.S. government once again threatened to impose a 100-percent tariff on China, several U.S. media outlets have been closely monitoring the impact such intimidation measures would have on China. After on-the-spot visits to some places in China, Bloomberg, The New York Times, CNN and other US media admitted in a number of recent reports that China "has the confidence to respond" and that the United States "seriously underestimated China". Among them, Alexandra Stevenson, a reporter from The New York Times, specially came to Yiwu, Zhejiang Province, where many American media people and scholars can intuitively feel the quality of China's trade situation. However, Yiwu's still hot foreign trade transactions, including what local traders told her, made this American journalist quickly realize that China's strong manufacturing industry and its diversified overseas markets in response to geopolitical risks are a major source of China's confidence. The picture shows a screenshot of an article published by the New York Times In an in-depth report published on the 21st, two foreign traders who had previously exported holiday goods to the U.S. told Isa that the U.S. situation had "not much impact on their business" as they gained new buyers in Europe and Southeast Asia. At the same time, Aisha said that the China government is also providing more support for China's international trade. For example, in the newly completed Global Digital Trade Center in Yiwu, China's foreign traders are directly promoting and trading with foreign buyers through the Internet. A businesswoman from Tanzania, an African country, excitedly told her that China is not only “the center of all commodities” but also “full of opportunities.” The African businesswoman who has come to China seven times to buy goods also believes that cross-border trade with China will make her future better and better. "I foresee that I will become rich because of China." she said. In Aisha's view, the experience of this African businesswoman also shows that although the US government wants to threaten China through tariffs and other means, "instead of slowing down, China has sold more goods than ever before, and this time, the buyers are the rest of the world." “The United States has seriously underestimated the size of China’s manufacturing power,” she wrote. Picture for media reports. In addition, according to the analysis given by some foreign economic experts to The New York Times, China's foreign trade itself has strong resilience. Christopher Beddor, deputy director of China research department of Gavekal Dragonomics, a market consulting firm, told the newspaper that although China's economy faces some challenges, the impact on the exchange rate is further strengthening the competitiveness of China's traded goods in the international market. In addition to the New York Times reporter’s on-site visit, Bloomberg said in a report released on 22nd that while the U.S. government is restricting Chinese goods, China remains an important part of the U.S. supply chain for large amounts of goods, which are not just critical minerals and chemicals, but livelihoods such as electric bikes. Map for media reports. More importantly, Bloomberg pointed out that China's role in the global supply chain cannot be replaced in the short term. “China’s daily exports to the U.S. reach $1 billion, which shows China’s pricing capabilities,” Bloomberg wrote. CNN also noted in an article on Monday about the U.S. and Australia’s readiness to cooperate on key minerals that such a partnership could not shake the global supply chain in the short term because “China is far-reaching globally.” Finally, in addition to telling the U.S. how badly China is, some U.S. media and entrepreneurs are still trying to tell Washington why their practices toward China will only hurt the U.S. itself. According to the report of the U.S. Fortune magazine website, U.S. chip company Nvidia’s CEO, Huang Yinglong, said a sentence worth Washington’s attention – “Before we push back on the policy to hurt others, maybe we should reflect on what policies are good for the U.S.” News raw data sources → https://www.163.com/news/article/KCGQPH490001899O.html 17WorldNews[2025.10.22-23:13] 访问:37
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