If you think it is the most important retirement, investment, and work in all of this, think again.
In the end, this is about who can run the world.
Bad news for America and the whole west is this time, China It seems much more prepared and ready to fight.
On the one hand, a chaotic US government turned sharply from one policy to another. On the other hand, the authoritarian government explores its heel.
In the Trump The first term of office, China does not seem sure how to respond to the new American president and its use tariff.
The diplomat rhetoric this time is much more dull and challenging; “We are ready for you,” They seem to say, “And ready to fight”.
Read more: US trade war with China grows more bleeding
America and China have been locked in the history of dependence and confrontation.
Back in the 90s, China was allowed to trade with favorable conditions.
“If they become rich like us”, the West believes, “they will become more democratic too”.
That is a naive belief. China remains authoritarian and cruel too, using piracy, reverse engineering and theft of all-out technology to catch up with the west.
But the West does not seem to care. Everyone is getting richer. China makes world goods and lifts millions of people out of poverty, while America bought them cheaply and maintain their own living expenses.
Fast a few decades, and the two giants are still closely intertwined as trading partners, but revenge between them has grown.
First under Trump and then below BidenThe US began to see mistakes being too generous to China. Under the two presidents, America has tried to improve what he sees as a trade relationship stacked in supporting Beijing.
Chinese objections are different. Most importantly, they hate American status as a world hegemon, or the strongest force. The liberal world order was built by and for America, they believed, and had reached their sales date.
This sees this crisis as an opportunity to change all of that. And already prepared.
China presents itself as a stable and predicted alternative world for America. The first three months of the second president of Donald Trump only helped.
This is a field for other countries: Want a new partner that offers economic stability, the same position and there are no awkward lectures on human rights? American trench and contact Beijing.
There is a big loss, of course, if America is replaced by China and the world is engineered in its image.
Ask people -people Hong Kongwhose freedom has been stepped on brutally, Uyghurs From Xinjiang, the victim of what is mostly calculated genocide, or TaiwanCurrently at the sharp end of the large -scale intimidation by Beijing.
But America is also busy destroying its sales promotion, no longer a stability paragon, good governance or rational policy making.
In every prolonged trade war, Donald Trump took an enemy that was prepared and determined.
This has moved most of its industries to other countries to avoid tariffs, building large -magnitude -magnificent traders in the form of sovereign wealth funds used this week to sustain the falling stock market.
Read more Analysis:
For China, surrender to Trump is not a choice
Can Trump tariff lead to the world into a recession?
China has weaknesses, of course. A very large demographic problem, sclerotic economy, and public hatred.
But it has one great power over all, appetite to bear the pain.
The Chinese call it “eating bitterness”. It is considered as virtue. They believe their destiny is at the peak of the new multipolar world order, and this can be a moment to take it.
It is unclear whether America has the same determination and reserve for strength – or if the president knows what he is doing.
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