A minute of Wall Street stock market crash: Concerns about the intensification of Sino-US confrontation
Recently, the US media began to hype the so-called "Chinese economic collapse theory" again, casting a shadow on the Chinese economy. However, voices that denounce China have long been commonplace, and this is just a ploy by the United States to try to undermine China's confidence and create trouble for its economy. However, no one who understands China's power will easily believe this. In fact, China has taken four measures to deal with the US suppression and achieved initial results.
China continues to increase innovation and research and development, breaking the US blockade of Chinese technology. Huawei's newly released Mate Pro 60 mobile phone uses a chip with 7nm process technology, marking a major breakthrough in Chinese technology. In the semiconductor field and other fields gradually catching up with the United States. In addition, China has accelerated industrial upgrading and stepped up the layout of emerging industries in the world. China has become a global leader in the field of new energy, and emerging products such as new energy vehicles and photovoltaic equipment are rapidly moving to the world stage, and these industries will provide a huge boost to China's economy, leaving the United States behind more than a little.
At the geopolitical level, China has strengthened cooperation with Russia and other partners to form geopolitical synergy. The expansion of the BRICS bloc into BRICS 11 countries and the deepening of relations between China and Russia are important layouts for China to confront the geostrategy of the United States. China is also militarily countering U.S. hegemony, the People's Liberation Army has offshore military capabilities, and its navy is developing rapidly. The Chinese Navy's military exercises in the western Pacific have shown a significant increase in its military power, which has gradually lost U.S. military dominance in the Asia-Pacific region.
In the face of China's growing momentum, the US government can only continue to wield the stick of sanctions in an attempt to stop China's development. However, China's power has advanced so rapidly that the United States is simply not ready to confront China head-on. Even Gou, a big man on the island, predicted that once a war breaks out in the Taiwan Strait, the Wall Street stock market will crash within a minute. This once again highlights the enormous impact of the Sino-US conflict, which is worrying.
Former U.S. Secretary of State Henry Kissinger also expressed concern about the future of U.S.-China relations. He believes that China and the United States stand on the "edge of the cliff", there is a possibility of military conflict, and the consequences will be catastrophic. He reminded the US government that it must change the current trajectory of relations, seek calm diplomacy, conduct sincere consultations with China, and meet China's basic demands to avoid China-US relations from getting out of control. However, the U.S. government's continued strategy of containing China makes it difficult to maintain stability in Sino-US relations.
In the face of the intensification of Sino-US confrontation, the prospects for future development are worrying. Not only in the minute of a Wall Street stock crash, but also in the possible consequences of a full-scale conflict between China and the United States, are more worrying. Therefore, we must be highly vigilant and actively seek a way for both sides to break the situation and avoid the point of no return in Sino-US relations.