Preliminary

The Sino-US duel in Kuala Lumpur has just started, and the scene on the first day made the outside world see the doorway. When the Chinese representative walked out of the venue, he was smiling and calm; On the other hand, the US side keeps a low profile throughout the process and avoids the media when entering and leaving. Although neither side announced the specific details, the faces and actions have already explained a lot. Whoever is confident and who is nervous can be seen clearly from the scene.

The Chinese side is ready.

This time the Sino-U.S. economic and trade negotiations, the Chinese side is clearly ready. Delegation arrived in time, entered the front door, fell in the main; after the meeting, they left with a smile, and also greeted the journalists.

In the past few months, China has made successive moves. The most critical step is to implement new control measures on key products such as rare earths, technology, and equipment, and apply "extraterritorial jurisdiction" and "puncture jurisdiction", the most commonly used legal methods in the United States, back on themselves. What the United States used to be best at has now become a tool for others to deal with them. It can be said that this move was very beautiful and caught the United States off guard.

At the same time, the Chinese side has not only looked at the negotiating table. In the previous period, Australian mining giants must and must have been forced to accept the conditions proposed by the Chinese side and start pricing in yuan from the fourth quarter. This is not a simple transaction, but is building a new path out of the dollar system. China and so on has been arranged in advance, regardless of the outcome of this negotiation, the bottom line has been placed on the table.

This is why the Chinese representatives can laugh out. The preparation is prepared, the bright card is also lit. Instead they are negotiating, rather than verifying the preparation results.

In fact, the U.S. is not low.

The U.S. representative's performance in Kuala Lumpur this time can be said to be very "silent". when entering the pitch, not walking the front door, from the side door, scared to be caught by journalists; when leaving the pitch is more silent, not even a photo.

Fear of asking what? fear of being asked about the domestic mess. The U.S. federal government is now still "closed", many institutions are stalled, and the fiscal budget is late. The outside world is worried that this political impasse will not affect the progress of negotiations. The U.S. representatives naturally understand that if this is asked by journalists in front of them, there is no way to answer.

In addition to domestic trouble, the US side facing the negotiating pressure is much larger than ever before. China holds rare-earth control, export restrictions, supply chain adjustments these practical codes, and the US side does not have a lot of useful "counter-tools". Moreover, the Chinese side this time is prepared too well, has been from the currency settlement to the upstream downstream, comprehensive layout.

This also explains why after the end of the first day, the Chinese representative smiled loudly, and the US did not even see the shadow.

The contrast between active and passive is becoming more and more obvious

From the atmosphere of the first day in Kuala Lumpur, China has steadfastly mastered the pace.It was not just a conversation, but a psychological battle.Each move, every response of the Chinese representative, is sending a signal ¨C we are fully prepared, we are not afraid to talk, we are not afraid to delay.

In the past, the American custom to let others go in its rhythm, but now found that the opponent can not only pick up, but also counter-strike. This role change, in fact, early in these years began. China pushed for the settlement of the currency, the layout of critical resources, strengthen export control, every step is weakening the impact of the dollar and the U.S. regulatory system.

China¡¯s strategy is systematic, not about winning a win, but about changing the rules of the game. In contrast, the U.S. strategy appears to be passive, short-line, lack of backwardness. Now even the atmosphere on the negotiating field has changed: the U.S. has pushed the pace, and now is China leading.

The scene on the first day in Kuala Lumpur may be just a detail, but the details are the most telling. You can tell at a glance who is confident and who is anxious.

Highlights of the next day: Before the results come out, the momentum will be divided first

This consultation will last for another day, but the comparison of the first day has already established momentum. The key points of the second day are three points: First, whether China will continue to maintain a high degree of transparency, allowing the outside world to see the initiative in hand. Second, whether the yuan pricing system is officially discussed, which will determine the direction of the future international trade pattern. Third, whether the US is willing to loose on these core issues, otherwise the entire negotiation may fall into stagnation.

Regardless of the outcome, the Chinese side has won the first step because in this level of game, the psychological advantage is equally important.