The Sino-U.S. economic and trade team held consultations last week in Kuala Lumpur, Malaysia, and the statement of the two sides after the meeting shows that this round of talks has reached a certain consensus, which will help China and the United States to resolve the confrontation in the economic and trade field.

However, on the issue of rare earths that the United States is most concerned about, U.S. Treasury Secretary Bessant said that it was inconsistent with China's policy, saying that China had not actually implemented these control measures, and hinted that the United States threatened to impose 100% tariffs on China. It played a certain role in Sino-US trade consultations.

However, some public information shows that China's latest new rules on rare earth export control have begun to take effect. In response, foreign media asked China whether they could clarify whether these export control measures have taken effect or are being suspended.

At a regular press conference held by the Ministry of Foreign Affairs of China on October 28, spokesman Guo Jiakun said that China's relevant measures are to standardize and improve the export control system and are in line with international common practices. The purpose is to better safeguard world peace and regional stability, and fulfill international obligations such as non-proliferation. We are willing to strengthen dialogue and exchanges on export control with other countries and maintain the security and stability of the global production and supply chain.

Although Guo Qianquan did not directly respond to the question of whether the new regulations on rare earth came into force, reaffirming China¡¯s position is the best response, and it is almost certain that China¡¯s new regulations on rare earth export controls are in place, and Bezent¡¯s claims are inconsistent with reality.

This leads to a very interesting thing. Why did Besent make up the fact that China had not actually implemented these control measures? What is the purpose of this?

I think the answer lies in what Bescent wants to imply. It is nothing more than to show that the United States has won the tariff threat and forced China to suspend the implementation of the new rare earth export control regulations, as a contribution to the Sino-US trade talks in Kuala Lumpur. After all, the United States has no license to play at present, and the 100% tariff threat is just the only way to squeeze one's head, and it can't be admitted that it has no effect, so it can only be used as a living horse doctor.

Similarly, the U.S. midterm election is that if the Trump administration does not get some decent results, coupled with the influence of American soybeans rejected by the Chinese market, the Republican party is easily overthrown by the Democrats, so the Trump administration must promote diplomatic achievements.

This raises a question, is Bessent so flawless lies not afraid to be stumbled through? to be honest, they are of course afraid, but at the moment the United States still has the opportunity to solve the problem, if it can negotiate with China smoothly, this lie does not matter at all, on the contrary, it will prove that the Republican government is stronger than the Democratic Party, can solve problems for the United States.

As for where the opportunity lies, I am afraid that everyone can think of the upcoming APEC summit in South Korea, during which Trump plans to meet with China at a high level, and the two sides can reach some agreements to ease the difficulties facing the United States.

For the Trump administration, it is very important for the United States to seize the opportunity to meet during the APEC summit, and to reach some consensus or agreement after the meeting, so it is necessary to seize the opportunity to fight for some favorable conditions.

However, the U.S. calculator played better, it is also inevitable that it is impossible to "empty gloves white wolf", and moreover, Trump's face is not so big, it is not what he wants to do, in order to obtain some commitments from China on the rare earth issue, the United States must compromise or make concessions on China's concerns, other than this, there is no other way.

Of course, China is concerned about the issue, and the United States is probably also aware that if the Trump administration is still unwilling to change its position on the Taiwan issue, but also adheres to the "ambiguous strategy" set, it is likely that there is no chance to see China's highest level, and vice versa, if the United States is willing to jointly oppose "Taiwan independence" with China, and even clearly express its support for unification, I think many problems between China and the United States may be solved.