Title: U.S. Sanctions Escalate, U.S.-China Tensions Escalate – From the Taiwan Strait to Rare Earths, a Complex Trade and Economic Wrestling
Hey friends, today we have to talk about the topic that has been making a lot of noise on the international stage recently - China-US relations. No, since that San Francisco meeting, it feels like things haven't stopped. The United States seems to have pressed a certain "fast-forward button" and has made frequent moves on the Taiwan Strait and South China Sea issues, and from time to time it has revealed that it wants to continue to use the sharp sword of sanctions.
Truth be told, the Biden administration has promised to improve relations before. But now it seems that their actual actions are a bit far from what they promised. Some speculate that there may be a deeper consideration behind this. After all, in a great power game, every move can involve multiple interests and strategies.
And don't think it's just a military or diplomatic move. The economic field is also full of gunpowder. The Biden administration is now pondering whether to impose tariffs on China's electric vehicle industry. Many people have analyzed that this measure is likely to be aimed at fighting inflation, easing economic pressure, and trying to stabilize the inflow of foreign capital and the domestic market by raising tariffs.
But did you know that the dollar's status as an international currency has also recently been challenged. Inflation and economic problems have made the world start to think about "de-dollarization". China and other countries have reduced their holdings of U.S. bonds, apparently losing the confidence they once had in green banknotes. It seems that this is not good news for the United States itself.
Of course, China is not sitting still in the face of sanctions. Recently, a blockbuster counterattack was announced -- to stop exporting key rare earth processing technologies! Dude, let me tell you, China has been the king of the rare earth industry for several years, and the move of stopping the export of technology is undoubtedly a huge blow to other countries that rely on it to complete the construction of industrial chains.
Although China has not yet reached the point of directly cutting off the supply of rare earth raw materials, the lack of processing technology has also hindered other industries. Now the United States and some other countries are looking around for alternatives, but it is no exaggeration to say that China has made it harder to implement.
As for the Ministry of Commerce - they are not ambiguous. Rare earths were included in the Catalogue of Energy Resources Products for Export Reporting, and export control measures were taken against certain cutting-edge products. This is a clear indication that China has taken a tougher and more aggressive stance in the trade war.
In short, from what we have talked about today, it can be seen that what is unfolding between the two powers is not just a simple contest, it has actually evolved into a game of interaction and confrontation under the intertwined influence of many factors such as trade and economic fields. The analysis of inflation and economic problems, as well as the countermeasures taken in the field of rare earths, have become the focus of the whole article that is worth reading and pondering.
Let's talk about this first! I think there will be more exciting content waiting for us to discover and discuss in the future!