Recently, according to a report by Bloomberg, the Biden administration will announce sanctions against China in the near future. The U.S. is going to impose tariffs on China's electric vehicles, photovoltaics, and other areas, all of which are critical to China. The results of these tariffs are said to have come from investigations begun during the Trump administration. Why did the Biden administration, which claimed to reduce tariffs on China after taking office, still pass this disguised sanction against China? Is it because it wants to compete with China economically? Will such a thing happen again in the future?
In fact, the core of the problem is not that these key areas have affected the development of the United States, but that the United States smells a crisis, and this crisis comes from the emergence of something that China has the opportunity to grasp and is feared by the Americans. Part of the reason Biden was able to defeat Trump and succeed in coming to power is that many Americans, especially some politicians, are not optimistic about Trump's extreme decoupling behavior. In the past few years since Trump took office, due to the drastic adjustment of US policy and China's overall strength has attracted the attention of the world, the influence of the United States has declined, but the behavior of the United States against China has also increased a lot of influence on China, because the targeting will increase contradictions, and the number of stories between the two countries will surge.
In recent years, the United States has been stronger in containing China than it was 10 years ago. Biden originally wanted to reduce sanctions, but now there is no way. For the continuation of the policy, the United States has strengthened its efforts to contain China, resulting in the excessive use of dollar hegemony, and the US economy has inevitably declined. Biden is under tremendous pressure to stop Trump's campaign, and can only use this disguised means of sanctioning China. Of course, these are only one aspect, in the course of these years of sanctions, the United States has seen China's resilience and began to really understand China, and this understanding is incredible, and it has found something that China has the opportunity to master. And such a thing threatens the hegemony of the dollar, that is, the very essence of the United States. That's why the U.S. is constantly targeting China, which is no longer competing with China economically, but a trade war that has been waging on a scale against China. So what is this thing that only China has a chance to master?
This is China's ability to bring down the price of things. Each of us has bought discounted goods, participated in online shopping, and even many people have also wool, and now the live broadcast industry is still popular with goods, many anchors say "bring the price down", but the ability of Chinese to bring the price down, not only reflected in personal shopping, but also in international trade, as long as it is China's participation in research and development and leading research and development of products, can make the price of products down.
It is precisely for this reason that the United States recently put forward the reason for China's "overcapacity", but China is really not overcapacity, not dumping goods to the world, nor abandoning the concept of intellectual property, but Chinese now really have a heart to let the people of the world share the benefits brought by scientific and technological development. Look at the objects around us. Many commodities can be seen in China's desire to work for the welfare of the people of the world.
Some people say that China is fighting a price war, but if you look around, there are many products in China that have come down in price, can you say that he has no profit? Unlike the United States, China monopolizes an industry and raises prices even from other countries, so that it can obtain greater benefits. For example, if the dollar is tied to oil, the United States will not allow other countries to challenge its dollar status, so that he can harvest the whole world at any time, but I believe that if China's renminbi has the ability of the dollar, China will not use the power brought by this status to harvest the economy of other countries at will, and only fish for its own development, but can make the world economy develop more stable.
China is now not only the price of ordinary goods down, but also the price of all kinds of products from low-end to high-end, from low-end manufacturing to high-end manufacturing, Chinese not only study how to produce a product, but also strive to make this product in the same performance and quality, with the ultimate cost performance. It is this ability to bring down all prices that makes Chinese products and Chinese ubiquitous in the world, and it is China's ability to "bring prices down" that the United States is afraid of, which is likely to help China not be affected by the dollar oil system in the future, and bring a more valuable RMB and cost-effective technology and product system to the world. At present, only China has the ability to continuously launch cost-effective technologies and products in the future.
In the future, the United States will sanction China's technology and high-tech industries from time to time, but this does not prevent us from bringing cost-effective technologies and products to the world, which will be more accepted by more countries that are not strong, as long as more and more countries accept these technologies that improve happiness, the hegemony brought by the petrodollar will eventually be replaced by the system brought by high cost performance. We are not like the United States, which can do anything for the sake of interests, and the main thing is a real mutual benefit and win-win situation.