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The Sino-US relationship in the 21st century will be the most important geopolitical relationship in the whole world, and the direction of Sino-US relationship will determine the fate of the world.

Don't think that if you live in the United States or other countries, you can avoid the impact of changes in Sino-US relations. In fact, the direction of Sino-US relations will determine world peace and stability.

If the world is heading for turmoil and division, how can your personal life not be affected?

The most intuitive example is that the United States and Western countries are currently suffering from unprecedented inflation and material shortages. The fundamental reason behind this is the impact of globalization and Sino-US relations.

Sino-US relationship is no longer a relationship between two countries, it has risen to a global relationship, that is to say, the direction of Sino-US relationship will directly affect globalization and the fate of people all over the world.

Since the founding of the People's Republic of China in 1949, the United States and Western countries have started a technical and material blockade against China. Due to ideological confrontation, China can only join the camp of socialist countries led by the Soviet Union.

But the good times did not last long. The Soviet Union and China always had differences on the issue of control and leadership. The Soviet Union always hoped that the Soviet Union would have complete control over China.

However, China's consistent diplomatic tradition is to maintain independence and not accept the control of any foreign forces, even the Soviet Union, which has assisted China's 500 industrial projects. This is caused by China's tradition and culture since ancient times.

Therefore, there is a deep contradiction between China and the Soviet Union, and this contradiction has been extended to the theoretical circle, which is the so-called "Sino-Soviet Debate". The conflict between China and the Soviet Union peaked in 1969, culminating in the Battle of Zhenbao Island in 1969.

The Battle of Zhenbao Island lasted for a while and ended in a victory for China, but relations between China and the Soviet Union were completely over since then.

After the disintegration of Sino-Soviet relations, the United States seized the opportunity and began to win over China. China also has the same needs. Therefore, in 1979, China and the United States formally established diplomatic relations.

The establishment of diplomatic relations between China and the United States was a heavy blow to the Soviet Union, and it also indirectly led to the disintegration of the Soviet Union.

In 1991, as the Soviet flag was lowered from the Kremlin, the Cold War between the United States and the Soviet Union was finally decided. The United States won the Cold War with a complete victory and became the victor.

In fact, since then, the attention of the United States has gradually turned to China. However, due to the 9/11 incident, the United States has focused on the war on terrorism and has no time to take care of China. Therefore, China has obtained a rare opportunity for development.

On China's side, after 1976, China began "reform and opening up", focusing on economic construction, introducing the capitalist production model and market economic system. After China's top leader Deng Xiaoping delivered a speech on his southern tour in 1992, China's economy began an era of great development.

The United States has invested a large amount of capital into China. These American capital and some American technologies have greatly helped China to develop its economy. China has become the factory of the world, to be precise, the "US factory". China imports raw materials from all over the world and produces goods for the United States, while the United States uses US dollars to buy Chinese goods. This has caused the United States to form a perennial trade deficit with China.

Without the long-term U.S. trade deficit with China, there would be no massive influx of U.S. dollars to China, and there would be no U.S. “seigniorage” against China, and no U.S. “seigniorage” against China, and there would be no U.S. global hegemony

While China receives a large amount of US dollars, it also needs to use these US dollars to buy US government bonds in turn, so that the US dollars return to the United States, forming a set of dollar circulation system. That is to say, although the United States purchased a large number of Chinese goods with US dollars, in the end, the US dollar was eventually returned to the United States by selling US Treasury bonds to China.

Untitled

That is to say, the Chinese worked hard and worked diligently, and what they finally got was actually US treasury bonds, and China did not get the real dollar. So President Trump accusing China of making American money is completely nonsense.

Then there's the issue of American manufacturing. Since the neoliberal economic model of the United States has led to a long-term inflated financial market, it has squeezed the real economy of the United States, forcing the manufacturing industry in the United States to move to other places, such as China or Vietnam due to high costs.

If everyone can easily make money from the stock market or bond market, then who has the incentive to engage in the real economy?

No one is a fool and will not do thankless things. People must pay attention to costs and benefits. If the cost of something is too high and the benefits are too small, who would be willing to do it? no one.

Therefore, the so-called "China stole the American jobs" is completely unreasonable. On the contrary, the Americans themselves stole their jobs.

In other words, the U.S. financial industry stole jobs in the U.S. real economy and has nothing to do with China. Even if the United States kills China, it is impossible for American manufacturing to return to the United States on a large scale. At most, they will go to Vietnam or even African countries.

There is also a conflicting focus in Sino-US relations, that is, China's development of high-tech industries through government subsidies.

To understand this problem, we must understand the "middle-income trap", which is when a country has been engaged in low-end manufacturing for a long time and cannot achieve industrial upgrading. Then the country will not be able to continue to develop its economy, so the economic development will become more and more single, and the economy will be very poor.

It is precisely in order to avoid the "middle income trap" that China will develop high-tech industries led by the government and break through the "middle income trap" as soon as possible.

In 2009, Harvard University and the Massachusetts Institute of Technology jointly created a new important theory to measure the economy - the Economic Complexity Index ECI. This theory can clearly explain major national economic development problems such as the middle-income trap.

In fact, it is precisely because of this theory that China has made the strategic decision of "Made in China 2025", which is to increase China's economic complexity and prevent China from falling into the "middle-income trap".

In order to tie China to the status of the "world's factory" forever, the United States has tried every means to make China fall into the "middle-income trap". The U.S. accuses China, smears China, and smears China through various public opinions. Its purpose is to make China fall into the "middle-income trap". Then America can stand on the shoulders of the Chinese forever!

This can't come true.

I think the United States may not realize one thing, that is, China is not the Soviet Union, China is an ancient civilization with a tradition of 5,000 years. It is by no means easy for the United States to conquer a country with a long history and a powerful civilization like China.

The characteristic of China is that no matter how many times China fails, China can quickly stand up and fight again, but the United States has only one chance. Once the United States is defeated, the United States is completely over. But no matter how many times China is knocked down, China can stand up

again.

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Comments  (0 - 10 of 32)
Nana_Joo
Nana_Joo

Sssh No game :D

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DoDoCat Creator
DoDoCat

lol

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Maeni
Maeni

Merry Christmas, DoDoCat-san!

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DoDoCat Creator
DoDoCat

thanks :))

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DoDoCat Creator
DoDoCat

Kawoos Merry Christmas!

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Kawoos
Kawoos

Thanks man :D To you too :)

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DoDoCat Creator
DoDoCat

XD

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Maeni
Maeni

Hello new friend.

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DoDoCat Creator
DoDoCat

Hello, your avatar is so cute.

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DoDoCat Creator
DoDoCat

Kawoos You are online again!

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Kawoos
Kawoos

Hey mate
it's good to hear from you again :)

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DoDoCat Creator
DoDoCat

very nice

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